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    OBAB — Online Brands Nordic AB News Story

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    Brief: Online Brands Nordic Acquires Frank Dandy

    Picture of Online Brands Nordic AB logoOnline Brands Nordic AB
    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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     (Gdansk Newsroom)
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