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Åhléns acquires retail chain Designtorget
May 2, 2019

Åhléns. a Swedish-based chain of department stores, has acquired Swedish-based retail chain Designtorget, that sell designs by young Swedish designers. Designtorget is owned by Novax, a subsidiary of Axel Johnson Group. Designtorget reported a turnover of SEK 135m in 2018 and has 53 FTEs. The deal value is undisclosed.

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