Completion of Distribution Facility Sale
In brief · summary, not quotable
Completed sale of Bloomsburg, Pennsylvania distribution facility for $8.4 million, realising $4.9 million profit.
- Sale proceeds $8.4 million
- Carrying value $2.9 million
- Profit after costs and taxes $4.9 million
- Selling costs and taxes $0.6 million
Full announcement
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IG Design Group plc announces that its subsidiary, Berwick Offray LLC, has yesterday completed the sale of its former distribution facility at 20 Union Lane, Bloomsburg, Pennsylvania, U.S.A. to Union PA Holdings LLC Limited for $8.4 million. The carrying value of the site was $2.9 million and the sale will realise a profit of $4.9 million (after $0.6m of selling costs and taxes).
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.