Doxa to acquire Serneke Group for SEK1bn.

Doxa, a dental company which develops, manufactures, and commercializes bioceramic dental products in Sweden and internationally, agreed to acquire Serneke Group, a construction company, for SEK1bn. The board of directors also shares Doxa's assessment that the companies' strong expertise in property management, transactions and project development complement and strengthen each other well. The group following completion of the Offer thus has the potential to eventually create a common platform with improved opportunities for growth and value creation, while the values of development projects can be better preserved and developed.