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    CDON Group launches in Austria

    2014-06-18 08:00 - Regulatory press release
    CDON Group AB (publ), the leading e-commerce group in the Nordic region, today announced that its subsidiary Gymgrossisten AB has expanded to Austria through the launch of

    Gymsector is the brand name that the supplement store Gymgrossisten use for its continued expansion outside the Nordic markets. Subsequent to the launch Gymgrossisten now operates e-commerce stores in Sweden, Norway, Finland, Denmark, Germany and Austria.

    Paul Fischbein, President and CEO of CDON Group, commented: “The launch of Gymsector in Austria is a natural next step as Gymgrossisten continues to expand on the European market. The company has a successful business model and unique offering that we believe will appeal to the Austrian customers.”

    About Gymgrossisten is the largest online retailer for health and training and operates local e-commerce stores in the Nordics, Germany and Austria, Gymgrossisten offers a range of more than 200 different brands and private label products account for more than 40% of total sales. 

    The information in this announcement is that which CDON Group AB is required to disclose under the Swedish Financial Instruments Trading Act and/or the Securities Markets Act. This information was released for publication at 08:00 CET on 18 June 2014.