Brief: Storskogen Acquires Scandinavian Cosmetics Group

Storskogen AB (publ)

25/03/2022 09:24

March 25 (Reuters) - Storskogen Group AB (publ)  STORb.ST :
    * STORSKOGEN ACQUIRES SCANDINAVIAN COSMETICS GROUP
    * STORSKOGEN ACQUIRES SCANDINAVIAN COSMETICS GROUP
    * SCG WILL BE PART OF STORSKOGEN'S BUSINESS AREA TRADE AND
VERTICAL DISTRIBUTORS
    * ACQUISITION IS SUBJECT TO APPROVAL BY RELEVANT COMPETITION
AUTHORITIES AND IS EXPECTED TO BE COMPLETED IN Q2 OF 2022.
    * ENTERED INTO AN AGREEMENT TO ACQUIRE 96 PERCENT OF SHARES
IN
SCANDINAVIAN COSMETICS GROUP ("SCG") FROM ACCENT EQUITY 2017 AB
AND MINORITY OWNERS

Source text for Eikon:  ID:nWkr5r7lXy 
Further company coverage:  STORb.ST 

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