Extract from M&A Insights

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Egmont becomes majority owner of the Swedish company Outnorth
January 19, 2018

Copenhagen-based publishing division of Danish media group Egmont, Egmont Publishing, has announced the acquisition of the majority in Swedish e-commerce retailer Outnorth. Outnorth sells equipment and apparel for outdoor activities and training. Egmont will acquire 90% of the shares in Outnorth from Verdane, and the two founders, Stefan and Per Gustafsson. Outnorth reported sales of SEK 430m in 2017.

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