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Completion of the acquisition of KICKS Group AB ("KICKS Group") and update of financial expectations for 2023/24 Seite 1

31.08.2023 - Company announcement no. 12 2023/24 (inside information) Allerød, 31 August 2023 Completion of the acquisition of KICKS Group AB (“KICKS Group”) and update of financial expectations for 2023/24 Today, Matas A/S (“Matas Group”) completed ... Seite 1
Gregers Wedell Wedellsborg Matas Group Matas Chart Atas Kurs Atas Aktie

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Matas Group to acquire KICKS Group to create the Nordic leader in beauty and wellbeing

Company announcement no. 05, 2023/24 (inside information)Allerød, 29 June 2023 Matas Group (“Matas”) has today signed an agreement with Axel Johnson AB (“Axel Johnson”) to acquire 100% of the shares in the market leading Swedish beauty company KICKS Group AB (“KICKS Group”) at an enterprise value of DKK 1,336 million and at an equity value of DKK 698 million1. In 2022/23, KICKS Group had pro forma adj. revenues of DKK 3,126 million of which ~60% in ...
United Kingdom Gregers Wedell Wedellsborg Mia Brunell Livfors Klaus Fridorf Gorrissen Federspiel Axel Johnson
Source: yahoo.com

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