KB Components

The credit facilities agreement consists of credit facilities in a total amount of 1,000 MSEK, comprising a revolving credit facility in an amount of 700 MSEK and credit facilities in a total amount of 300 MSEK. The duration of the agreement is three years with two one-year extension options, giving a maximum duration of five years. The agreement with DNB Sweden AB replaces all previous credit facilitates and the company will generate annual savings of 5 MSEK (in financial items).

‘KB Components sees great potential to continue consolidating the market for plastic components. With the new financing agreement in combination with a strong cash flow, we ensure high financial flexibility to take advantage of the growth opportunities we see. We have many ongoing acquisition dialogues in all geographical regions where we are present,’ says Magnus Andersson, CEO of KB Components.
 
Mannheimer Swartling Advokatbyrå has acted as legal advisor to KB Components in connection with the new financing agreement.