The long-term demand for data-driven customer experiences is high, both as an effect of changed customer behaviors and as result of the fast development of new technology that enables more personalized digital solutions. Knowit Experience is the leading agency in digital customer experiences in the Nordic region and will, together with 1508 och Strømlin, gain a top position among creative design and tech agencies in
"Our ambition is to create a stronger position on the Danish market and through the acquisition of 1508 and Strømlin, which have strong positions and many strong brands in their client portfolios, we create a platform for continued growth. Together, we will become an even more attractive employer, with exciting development possibilities for our employees," says Fredrik Ekerhovd, EVP of Knowit Experience.
1508 and Strømlin have a total of around 45 employees. The operations in Strømlin will be integrated into, and become part of, Knowit Experience in
The current CEO of 1508,
"The merger of Knowit Experience and 1508 will create fantastic career opportunities for our employees and a broader offer to both existing and new clients. Our organizations share both core values and the drive to help our clients to build stronger brands," says
"I see the deal with 1508 and Strømlin as an important piece of the puzzle in strengthening our position and brand in the Danish market. 1508 is already a well-known agency with several large Nordic and international brands and Strømlin brings solid tech competence. Together, we will become an even stronger partner to our clients in the digital transformation towards a more sustainable society," says
The acquisition of 1508 and Strømlin is expected to be finalized at the turn of the year.
Financial information
- The enterprise value totals
DKK 75 million , and a potential additional consideration estimated toDKK 25 million .
For more information, please contact
Fredrik Ekerhovd, EVP Knowit Experience, +47 957 40 156 or fredrik.ekerhovd@knowit.no
Marie Björklund, CFO Knowit, +46 70 144 98 02 or marie.bjorklund@knowit.se
About
We are digitalization consultants and a Nordic powerhouse for the digital business models of the future. Our vision is to create a sustainable and humane society through digitalization and innovation.
https://news.cision.com/knowit/r/knowit-acquires-design-and-tech-agencies-in-copenhagen,c3471451
https://mb.cision.com/Main/674/3471451/1509380.pdf
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