Green Landscaping Group AB (publ) (OM:GREEN) acquired Rainer Gartengestaltung Und Landschaftsbau Gmbh on October 24, 2023. The acquisition is financed with cash and through a non-cash issue of shares in Green Landscaping Group. Green Landscaping Group will issue 110 517 shares to seller of Rainer Gartengestaltung & Landschaftsbau. Rainer Gartengestaltung has reported net sales of approximately ?3 million in 2022. Matthias Rainer and his employees will join Green Landscaping Group.

Green Landscaping Group AB (publ) (OM:GREEN) completed the acquisition of Rainer Gartengestaltung Und Landschaftsbau Gmbh on October 24, 2023. Matthias Meyer, Sandro Schwenke and Steffen Eube of BDO AG Wirtschaftsprüfungsgesellschaft aceted as financial advisor and financial due diligence provider to Green Landscaping Group AB.