Svedbergs i Dalstorp AB (publ) (OM:SVED B) entered into an agreement to acquire Thebalux Holding B.V. for ?47.2 million on October 27, 2023. Under the terms of transaction, ?44.5 million will be paid in cash and ?2.7 million will be paid as earnout. As of June 30, 2023, Thebalux?s net sales amounted to EUR 34.1 million and operating profit amounted to EUR 8.6 million. The acquisition is financed through expanded credit facilities amounting to SEK 46.5 million. The Transaction is subject to approval by the relevant competition authorities and completion of the Transaction is expected to take place in December 2023. Nordea is financial advisor to Svedbergs Group in connection with the Rights Issue. Mannheimer Swartling Advokatbyrå AB is legal advisor to Svedbergs Group.

Svedbergs i Dalstorp AB (publ) (OM:SVED B) completed the acquisition of Thebalux Holding B.V. on November 23, 2023. At the completion of the acquisition, the fixed purchase price was set at ?50.6 million which will be paid in cash and ?2.7 million will be paid as earnout.