Storskogen Group AB (OM:STOR B) has entered into an agreement to acquire 82% stake in Swedwise AB from Roger Wall Jonas Kallin, and Daniel Schäf for approximately SEK 100 million.

Storskogen Group AB (publ) (OM:STOR B) has entered into an agreement to acquire 82% stake in Swedwise AB from Roger Wall Jonas Kallin, and Daniel Schäf for approximately SEK 100 million on March 25, 2022. Under the terms, the consideration will be resolved upon a directed share issue of 4,158,306 B-shares, resolved by the board of director of Storskogen. The B-shares will be subject to a transfer restriction (so-called lock-up) for a period of six months following the subscription of the B-shares.

The three founders and co-owners Roger Wall, Chief Executive Officer, Jonas Kallin, Chief Financial Officer, and Daniel Schäf, Chief Operating Officer, will continue to hold a minority stake in Swedwise going forward and will remain in their current roles. In 2021, Swedwise reported a turnover of SEK 76 million and an EBITA of SEK 28 million. The transaction is expected to be completed at the beginning of the second quarter of 2022.