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.
