Quantafuel Forum: Community User: Kojak1984

In 10 europäischen Ländern präsent

Ja ja und nochmals ja

👍🏼

Hat 40% von Geminor übernommen

Was denkst wie weit zirka bis 28 Februar ?

Quanta ist ab sofort in 10 Ländern vertreten

Habt ihr das gelesen??

Heh Leuchte! Wenn Du wieder gesperrt wirst wie wäre es mit user Glühbirne?

Jetzt geht es ab !!!!

Quantafuel ASA (“Quantafuel”) has today reached an agreement to acquire 40% of Geminor Invest AS, the 100% owner of Geminor AS (“Geminor”) for NOK 168 million to be settled in Quantafuel shares plus a cash element of approx. NOK 2 million. As part of the transaction, Quantafuel is also granted an option to acquire the remaining shares in Geminor Invest AS. Geminor Geminor is a market leader in waste trading, logistics and sorting, with offices in ten European markets. The acquisition strengthens the plastic waste sourcing operations of Quantafuel, and will further contribute to a swift roll-out of Quantafuel’s Plastic-to-Liquid chemical recycling plants across Europe. - We are determined to maintain and strengthen our position as the global leader within chemical recycling of mixed plastic waste and deliver millions of tons of recycled material to our strategic partners across Europe. Logistic, sorting and handling are key to be able to deliver on these ambitions and this investment is therefore set to become a key competitive advantage as we roll-out process capacity in large, industrial scale, says Kjetil Bøhn, CEO of Quantafuel ASA. Key virtues of the transaction are: * Optimal plastic waste sourcing to accelerate the Quantafuel plant roll-out and to increase future profitability * Creating a Pan-European presence for Quantafuel for optimal sourcing across markets and broader project development * Geminor has an asset light business model with a proven track record on growth and profitability Geminor EBIT is estimated at NOK 34 million in 2020 and NOK 48 million for 2021, and Geminor Invest AS and Geminor AS have an adjusted net debt position of approx. NOK 50 million. Geminor was established in 2004, and has its head office in Haugesund Norway. The company has about 80 employees and is represented with offices in ten European countries and traded volumes in twelve countries. Norway, UK, Germany, Finland, Poland and Denmark are the largest markets for Geminor. Geminor is asset light and focused on the trading and logistics of waste handling, with sorting activities in Norway, Sweden and UK. With a proven track record of organic growth, Geminor is a market leader in Norway, a top 3 player in the UK waste export market and has 70% of the export volumes from Germany to Denmark. Plastic waste streams for recycling are to a large extent traded across borders. These cross-border flows are expected to increase further with the latest revision of the European Waste Directive (2018) banning landfill plastic waste disposal, and with expected regulation for minimum targets for separation, sorting and handling. The Geminor acquisition improves Quantafuel’s competitiveness further by facilitating access to plastic waste streams across different geographies. It facilitates achieving the best possible price, fraction specifications, volume and predictability, which contributes to both the Skive operations, and to the development of all the subsequent Quantafuel plants in new countries. Quantafuel expects improved pricing of plastic waste from the Geminor transaction, and Geminor’s ability to source volumes is set to improve with access to chemical recycling delivery points. Quantafuel has been cooperating with Geminor for almost two years, including also on the 10,000-ton Grønt Punkt contract. The transaction Quantafuel will acquire 40% of the shares in Geminor Invest AS against a purchase price of NOK 168 million to be settled in 2,720,044 Quantafuel shares plus a cash element of approx. NOK 2 million. 1,803,681 of the consideration shares will be issued at the volume weighted average trading price the last three trading days prior to today, being NOK 65.20 per share. The remaining 916,363 of the consideration shares will be issued at an agreed issue price of NOK 55 per share and be subject to a 9-months lock up. Quantafuel and the Sellers have entered into a shareholders agreement with respect to their shareholdings in Geminor Invest AS. Under the shareholders agreement, the Sellers will have preferential distribution rights in Geminor Invest AS covering any loss they may have on any immediate resale of their consideration shares that are not subject to lock up.

😂

Un po

ja pinocchio, ich weiß

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Billy ich schreibe immer ernst