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Clas Ohlson, Audiocast with teleconference, 2023

By Inderes
Clas Ohlson

Language: en
Sector: Retail & Consumer Goods
Activity: Audiocast with teleconference

Clas Ohlson acquires Spares – accelerates presence in accessories and spare parts for electronic products

Clas Ohlson AB (publ) has today entered into an agreement to acquire approximately 91% of the shares in Spares Europe AB, a leading company within spare parts and accessories for electronics as well as batteries. The acquisition strengthens Clas Ohlson’s core business and creates new growth opportunities within a growing market segment. Clas Ohlson assesses that the acquisition upon closing will be earnings per share accretive. The purchase price corresponds to a valuation of approximately SEK 500 million on a cash and debt free basis (EV) and a potential additional purchase price of up to SEK 225 million.

President and CEO Kristofer Tonström and CFO Pernilla Walfridsson will comment on the acquisition in a webcast presentation, today at 8.30 a.m. The presentation will be held in English and is followed by a Q&A session.

Please find more info regarding the acquisition here.

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