Brd. Klee A/S (CPSE:KLEE B) acquired 51% majority stake in Elektrogruppen A/S for DKK 0.03 million on October 1, 2023. The consideration consists of DKK 0.02 million in cash and DKK 0.01 million in earn out. The purchase price was financed through the company's liquid reserves and available credit facilities. Elektrogruppen has a gross profit of DKK million and result before tax of DKK million. The management of Elektro Gruppen will remain unchanged with current owners , Lars Sanderhoff and Morten Petersen owning the 49% stake.

Brd. Klee A/S (CPSE:KLEE B) completed the acquisition of 51% majority stake in Elektrogruppen A/S for DKK 0.03 million on October 1, 2023.