Storskogen Group AB (publ) (OM:STOR B) acquired an unknown majority stake in The Physics Café Pte. Ltd. on October 5, 2023. The Physics Café is headquartered in Singapore and has around 20 employees. Founder Dave Sim will continue to lead the business as CEO and long-term shareholder. The transaction is not expected to increase Storskogen?s leverage ratio and is expected to have a marginally positive effect on Storskogen?s earnings.

Storskogen Group AB (publ) (OM:STOR B) completed the acquisition of an unknown majority stake in The Physics Café Pte. Ltd. on October 5, 2023.