Helvid's commercial activities directly support MultiHome's real estate development activities, while its manufacturing activities would diversify MultiHome's scope of activity.
MultiHome plans to finance the purchase from its own resources and bank credit.
Helvid had a net sales revenue of HUF 481 million last year, according to public records.
MultiHome had a net turnover of HUF 460 mln. MultiHome's shares trade on the bourse's Xtend platform, tailored to SMEs.
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