Loihde completes BLC Turva acquisition, issues 644,000 shares to Savonlinnan BLC-osuuskunta

Bitget2026/10/01 08:47

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Loihde completed the acquisition of security technology company BLC Turva on Oct. 1, 2026.
Debt-free purchase price set at EUR 28 million, split between about EUR 20.5 million cash and about EUR 7.5 million in new shares.
A directed issue of 644,000 shares to Savonlinnan BLC-osuuskunta priced at EUR 11.69 per share paid part of the consideration.
Savonlinnan BLC-osuuskunta became the largest shareholder with about 10%; Loihde’s total shares rose to 6,430,318.
Deal is expected to generate over EUR 3 million in annual cost synergies; integration targeted for completion by end-2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loihde Oyj published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Loihde completes BLC Turva acquisition, issues 644,000 shares to Savonlinnan BLC-osuuskunta

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