Smart Energy Sweden Group AB (publ) (OM:SMART) agreed to acquire controlling stake in Pallas Group AB (publ) (OM:PALS B) for SEK 6 million in cash and promissory notes on September 29, 2015. Under the terms of the agreement, Smart Energy Sweden Group AB will pay SEK 3 million in cash and remaining SEK 3 million in promissory notes.