Vertiseit acquires Visual Art for SEK 469 million. The purchase is financed through a loan from Nordea of SEK 225 million and through a directed share issue of around SEK 250 million.

The share was halted before the announcement. Trading will resume at 15:40.

The issue is directed to former owners of Visual Art and to Bonnier Capital and concerns shares and warrants. The shares are issued at a price of SEK 42.2 per share. The warrants are issued at a subscription price of SEK 7.22 per warrant.

Bonnier Capital has agreed to participate in the issue with an amount of SEK 200 million, giving them a 17.7 percent stake in Vertiseit.

Bonnier Capital's participation in the issue is conditional on them gaining a seat on the board.

Visual Arts is described as a leading player in Digital In-store and Retail Media. The acquisition is expected to strengthen Vertiseit's position in Digital In-store in Europe and expand their global presence.
The company had sales of approximately SEK 345 million in 2023.

Closing takes place today.