April 11 (SeeNews) - Bulgaria's Trace Group Hold [BUL:T57] said on Thursday that its wholly-owned unit Infra Commerce has acquired 100% of local acrylic paint producer Himcolor for an undisclosed price.
Infra Commerce acquired all 5,000 Himcolor shares with a nominal value of 10 levs ($5.8/5.1 euro) each, Trace Group Hold said in a bourse filing.
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The acquisition was entered into the commercial register of April 10.
Himcolor booked revenue of 932,000 levs in 2017 and closed the year with a net profit of 68,000 levs, according to data from its latest available annual financial statement.
(1 euro = 1.95583 levs)