Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Bygghemma acquires furnishings retailer in the Baltics and Eastern Europe
September 7, 2018

Bygghemma Group AB has acquired 30% and has an option to acquire up to 80% of the shares in Furniture1 UAB, a leading online retailer within furniture and interior decoration in the Baltics and Eastern Europe. Furniture1 has had a CAGR of 73% over the last three years and reported a turnover of approximately SEK 200m in 2017. The company has 135 employees and the purchase price for the 30% of the shares amounts to approximately SEK 30 million and corresponds to an enterprise value of approximately SEK 100m.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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