BLG Industrielogistik GmbH & Co. KG, Bremen, increased its direct stake in BLG Logistics of South Africa (Pty) Ltd, Gqeberha, South Africa, from 66.37 percent to 73.01 percent in the reporting year. The indirect ownership interest in the company amounts to 90.71 percent.
A purchase price of ZAR 28,208 thousand was paid to the seller of the non-controlling interests. The pro rata carrying amount of the net assets of BLG Logistics of South Africa (Pty) Ltd, Gqeberha, South Africa, amounted to ZAR 9,422 thousand.
EUR thousand |
|
2025 |
|---|---|---|
Purchase price paid to the seller of the non-controlling interests |
|
-1,438 |
Transaction costs |
|
-4 |
Carrying amount of the acquired interests |
|
474 |
Difference recognized in equity |
|
-968 |
The difference was fully offset against retained earnings.