Relais Group Oyj (HLSE:RELAIS) signed an agreement to acquire STS Sydhamnens Trailer Service AB from Sydhamnens Trailer Service Holding Ab for ?11.4 million on October 14, 2021. Under the terms, Relais Group will pay ?9.2 million in cash and additional ?2.2 million depending on the financial results of STS for the financial year 2021. For the year ended December 31, 2021, STS Sydhamnens reported Net Sales of ?20.6 million and EBITDA of ?0.2 million. The transaction is subject to certain customary conditions and approval of the Swedish Competition Authority and estimated to take place during November 2021. Evli Bank plc (HLSE:EVLI) acted as financial advisor to Relais Group. Relais Group Oyj (HLSE:RELAIS) completed the acquisition of STS Sydhamnens Trailer Service AB from Sydhamnens Trailer Service Holding Ab on November 18, 2021.