Brief: Byggmax acquires Buildor

Byggmax AB

16/10/2015 14:01

Oct 16 (Reuters) - Byggmax Group Ab  BMAX.ST  
    * Byggmax acquires Buildor for 130 million Swedish crowns 
    * The price is a combination of an initial price and 
additional considerations based on future revenue and profits. 
The initial purchase price is 70 million crowns for a debt free 
company 
    * In the latest 12 months Buildor's revenue was nearly 50 
million crowns with a growth rate over 150 percent 
    * Buildor is an e-commerce hardware and building store 
 
Further company coverage:  BMAX.ST  
 
 (Reporting by Stockholm Newsroom) 
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