Scandinavian Astor Group secures credit facility for acquisition of SEK 127.5 million from Swedbank
27 juni, 10:49
Scandinavian Astor Group secures credit facility for acquisition of SEK 127.5 million from Swedbank
Scandinavian Astor Group ("Astor Group" or the "Company") announces today that the Company has been granted a credit facility for acquisitions of SEK 127.5 million from Swedbank. The credit facility aims to strengthen Astor Group's financial preparedness for potential future acquisitions and enables faster and more flexible loan financing if needed.
"This type of preparedness is important for us to be able to act quickly when the right opportunities arise. Having access to loan financing without tying up capital in advance strengthens our freedom of action and position in the acquisition market.", says Mattias Hjorth, CEO for Scandinavian Astor Group.
Through the SEK 127.5 million credit facility, Astor Group will gain greater flexibility in financing acquisitions, and the processes associated with loan financing will also be completed more efficiently. The facility can be used as part of financing for future acquisitions. When using the facility, the terms and conditions are in line with those of previous loans through Swedbank. SEK 27.5 million of the total SEK 127.5 million is planned for the acquisition of Carbonia Composite AB, in accordance with the communication made on May 19, 2025. The credit facility is valid until December 31, 2026.
Scandinavian Astor Group – Strength and security in all elements
For further information please contact:
Scandinavian Astor Groups CEO Mattias Hjorth
E-mail: ir@astorgroup.se
About Scandinavian Astor Group AB (publ)
Scandinavian Astor Group is a Swedish defense group shaping the future of security and protection. Through its three business areas - Astor Tech, Astor Industry and Astor Protect - the Group delivers advanced technology, high-quality components and critical security solutions to primarily the defense, industry and public safety sectors. Astor Group is listed on NGM Nordic SME (ticker: ASTOR) and Boerse Stuttgart. The Company is headquartered in Stockholm, Sweden. For more information about Astor Group's business, visit: www.astorgroup.se
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Scandinavian Astor Group secures credit facility for acquisition of SEK 127.5 million from Swedbank
27 juni, 10:49
Scandinavian Astor Group secures credit facility for acquisition of SEK 127.5 million from Swedbank
Scandinavian Astor Group ("Astor Group" or the "Company") announces today that the Company has been granted a credit facility for acquisitions of SEK 127.5 million from Swedbank. The credit facility aims to strengthen Astor Group's financial preparedness for potential future acquisitions and enables faster and more flexible loan financing if needed.
"This type of preparedness is important for us to be able to act quickly when the right opportunities arise. Having access to loan financing without tying up capital in advance strengthens our freedom of action and position in the acquisition market.", says Mattias Hjorth, CEO for Scandinavian Astor Group.
Through the SEK 127.5 million credit facility, Astor Group will gain greater flexibility in financing acquisitions, and the processes associated with loan financing will also be completed more efficiently. The facility can be used as part of financing for future acquisitions. When using the facility, the terms and conditions are in line with those of previous loans through Swedbank. SEK 27.5 million of the total SEK 127.5 million is planned for the acquisition of Carbonia Composite AB, in accordance with the communication made on May 19, 2025. The credit facility is valid until December 31, 2026.
Scandinavian Astor Group – Strength and security in all elements
For further information please contact:
Scandinavian Astor Groups CEO Mattias Hjorth
E-mail: ir@astorgroup.se
About Scandinavian Astor Group AB (publ)
Scandinavian Astor Group is a Swedish defense group shaping the future of security and protection. Through its three business areas - Astor Tech, Astor Industry and Astor Protect - the Group delivers advanced technology, high-quality components and critical security solutions to primarily the defense, industry and public safety sectors. Astor Group is listed on NGM Nordic SME (ticker: ASTOR) and Boerse Stuttgart. The Company is headquartered in Stockholm, Sweden. For more information about Astor Group's business, visit: www.astorgroup.se
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