Byggmax takes over further online trader

Positive turnover development continues in third quarter

Swedish DIY store chain Byggmax AB (Stockholm) took over the 75% share in online trading company Skånska Byggvaror (Helsingborg) formerly held by Danish private equity company Polaris Private Equity (Copenhagen). The purchase price was agreed at SEK741m which, on a debt-free basis, corresponds to goodwill of SEK847m. ...

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