Brief: Online Brands Nordic Acquires Frank Dandy
23/06/2026 07:00
BRIEF-Online Brands Nordic Acquires Frank Dandy June 23 (Reuters) - Online Brands Nordic AB OBAB.ST
SAID ON MONDAY TO ACQUIRE ALL SHARES IN FRANK DANDY
PURCHASE PRICE COMPRISES SEK 43.2 MLN IN CASH AT CLOSING, SUBJECT TO NET DEBT AND WORKING CAPITAL ADJUSTMENTS, PLUS EARN-OUTS OF UP TO SEK 16 MLN TIED TO 2026–2027 EARNINGS
CLOSING IS EXPECTED TO TAKE PLACE ON 1 JULY 2026
FRANK DANDY'S REVENUE AND EBITA FOR Q2 2025 – Q1 2026 AMOUNTED TO SEK 120 MLN IN REVENUE AND SEK 15.8 MLN IN EBITA
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