Vo2 Cap Holding acquired Borg & Owilli AB from Dbmo Holding Ab for SEK 117.5 million on October 7, 2022. The fixed purchase price amounts to SEK 55 million, of which SEK 35 million is paid in cash and SEK 20 million is paid in the form of newly issued shares in VO2 at a subscription price of SEK 8.50 per share. An additional purchase price for the Shares may amount to a maximum of SEK 62.5 million based on Borg Owilli's EBIT results for the individual accounting years 2022-2025. The additional purchase fees may be paid both in cash and through newly issued shares in VO2. Vo2 Cap will issue 2,352,942 new shares to the sellers for the fixed purchase price part. The sellers have entered into a lock-up agreement regarding the Shares received as part of the Fixed Purchase Price for a period of 12 months from the date of acquisition.

Vo2 Cap Holding continued the acquisition of Borg & Owilli AB from Dbmo Holding Ab for SEK 117.5 million on October 7, 2022.