Clas Ohlson, Audiocast with teleconference, 2023
Speakers: CFO Pernilla Walfridsson, CEO Kristofer Tonström
Sector: Retail & Consumer Goods
Activity: Audiocast with teleconference
Clas Ohlson acquires Spares – accelerates presence in accessories and spare parts for electronic products
Clas Ohlson AB (publ) has today entered into an agreement to acquire approximately 91% of the shares in Spares Europe AB, a leading company within spare parts and accessories for electronics as well as batteries. The acquisition strengthens Clas Ohlson’s core business and creates new growth opportunities within a growing market segment. Clas Ohlson assesses that the acquisition upon closing will be earnings per share accretive. The purchase price corresponds to a valuation of approximately SEK 500 million on a cash and debt free basis (EV) and a potential additional purchase price of up to SEK 225 million.
President and CEO Kristofer Tonström and CFO Pernilla Walfridsson will comment on the acquisition in a webcast presentation, today at 8.30 a.m. The presentation will be held in English and is followed by a Q&A session.
Please find more info regarding the acquisition here.