Profoto Holding AB (publ) (OM:PRFO) acquired Styleshoots B.V. for €18 million on April 6, 2022. Under the terms, consideration will be paid on cash free and debt free basis. The acquisition is financed through own funds. All employees of Styleshoots are expected to remain in Styleshoots following the acquisition. For the year ended 2021, Styleshoots had €9 million of sales.

Profoto Holding AB (publ) (OM:PRFO) completed the acquisition of Styleshoots B.V. on April 6, 2022.