Bygghemma Group First AB (publ) (OM:BHG) acquired 30% stake in Furniture1 UAB for SEK 30 million on September 6, 2018. Under the terms of the transaction, the consideration of SEK 30 million corresponds to an enterprise value of approximately SEK 100 million for Furniture1. The consideration was financed by a loans. Bygghemma Group has an option to acquire up to 80% of Furniture1. For the year ended on August 31, 2018, Furniture1 reported revenue of SEK 200 million. Bygghemma Group First AB (publ) (OM:BHG) completed the acquisition of 30% stake in Furniture1 UAB on September 6, 2018.