BHG Group AB (publ) (OM:BHG) will look for acquisitions. President, Chief Executive Officer & Head of Home Furnishing Segment, Adam Schatz said, “Acquisitions will remain an important tool going forward. However, given current elevated market uncertainties, we are particularly selective and discriminate.

Nonetheless, in the quarter, our M&A team evaluated numerous potential acquisition candidates. We saw evidence of valuation expectations on the sales side, adjusting to new realities, and we completed an in-depth mapping of the German M&A landscape. And over to the right, we are unlocking synergies from assortments, tech, data and infrastructure across the group.

In the quarter, we saw continued progress along the path towards larger units with harmonized tech”.