NI Holdings Inc

NASDAQ:NODK   3:53:42 PM EDT
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Debt Financing / Related, Other Pre-Announcement

Ni Extends Leadership Position In Electric Vehicle Testing With Acquisition Of Kratzer Automation AG’S Test Systems Business

Published: 03/31/2022 20:31 GMT
NI Holdings Inc (NODK) - Ni Extends Leadership Position in Electric Vehicle Testing With Acquisition of Kratzer Automation Ag’s Test Systems Business.
Ni - Transaction is Expected to Add Approximately 2 Percent to Revenue in 2022.
Ni - Expect Transaction to Become Accretive in Year Two Through Expected Revenue Synergy.
Ni - Will Fund Transaction Through Cash Drawn From Its Existing Revolving Credit Facility.