Inission AB (OM:INISS B) acquired Onrox AB from Midway Holding AB (OM:MIDW B) for SEK 40 million in cash on June 14, 2016. The purchase price was partly funded by loan with a bank and partly by its own means and has been paid in cash on the date of transaction. In 2015, Onrox reported sales of SEK 286 million and loss after financial items of SEK 8 million. Post transaction, current management in Onrox Malmö and Onrox Borås will continue to stay. Peter Oscarsson & Emma Hakesjö of Advokatfirman Vinge KB acted as legal advisor to Midway Holding AB

Inission AB (OM:INISS B) completed the acquisition of Onrox AB from Midway Holding AB (OM:MIDW B) on June 14, 2016.