Mercell : engages Jacob Møller as interim Head of M&A

Oslo, Norway, 14 August 2020: Mercell Holding AS (Ticker: MRCEL-ME) announced
today that Mr. Jacob Møller has been engaged as interim Head of M&A. He will
take lead on accelerating Mercell's European growth agenda and building a
permanent function that can drive this agenda in the future.

Jacob has 20 years of M&A experience, primarily from Schibsted Media Group where
he headed the M&A function from 2008 to 2019. 

"Jacob is the ideal candidate to take lead in Mercell's offensive M&A agenda. He
comes from Schibsted where M&A for years has been a crucial part of building
Schibsted's international portfolio of marketplace operations, and he has been
involved in numerous successful international transactions", comments CEO Terje
Wibe.
 
Mercell comes from a market leader position in the Nordics, and Mr. Wibe points
out that Mercell now is ready to step up its European expansion. In this value
creating quest, Mercell will look after growing and profitable companies with
solid market positions and good cultural fit.

Jacob Møller is today an independent consultant working with a few selected
companies, and he will keep on working with selected projects outside Mercell.
Møller also chairs the board of Porterbuddy AS and Konciv AS and is a board
member of Lendo AS and Borgestad ASA. He graduated cand. jur. from University of
Oslo and has a LLM postgraduate degree from University of Cambridge.  

For questions or further information, please contact:

CEO Terje Wibe, 
[phone], 
[e-mail]


About Mercell Holding AS:
Mercell Group is a leading e-tendering platform provider in Europe. 
Our solutions simplify the public procurement process in accordance with EU
regulations and improve interaction between buyers and suppliers. 
About 40.000 suppliers and buyers across Northern Europe use our system on a
daily basis.
Our international growth has been supported by Viking Venture - a specialized
B2B SaaS investor in the Nordic market. 
Subsequent to an equity raise of NOK 450 million in June, Mercell was listed on
Merkur Market on Oslo Stock Exchange in July 2020.
We are currently 275 enthusiastic employees represented in ten countries. Our
head office is in Oslo, Norway.

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