CombinedX AB (publ) (OM:CX) acquired Redway Sverige Ab for SEK 25.9 million on October 7, 2022. The consideration comprises of SEK 15.6 million in cash, 58,633 newly issued shares in CombinedX and a maximum amount of SEK 8.4 million linked to Redway's financial development in the current business year 2022/23. The financing of the cash part of the purchase price in the acquisition takes place with own cash. All Redway employees will become part of CombinedX family. The company currently employs around 25 consultants and has a turnover of SEK 35 million per year. The deal is expected to contribute positively to CombinedX's turnover and have a neutral impact on the company's EBITDA margin in 2022, earnings per share are expected to increase. TM & Partners has assisted CombinedX AB.

CombinedX AB (publ) (OM:CX) completed the acquisition of Redway Sverige Ab on October 7, 2022.