Lyko Group AB (publ) (OM:LYKO A) agreed to acquire Sun Powder (Estelle & Thild AB) on January 12, 2023. Estelle & Thild had a turnover of SEK 19.1 million in the last financial year. The transaction is expected to complete on February 1, 2023.

Mats Dahlberg and Christoffer Malmström of Advokatfirman Delphi KB acted as the legal advisor to Lyko Group.