The sale of Health and Sports Nutrition Group HSNG AB completed
Qliro Group AB (publ) has today completed the sale of its subsidiary Health and Sports Nutrition Group HSNG AB (HSNG) to Orkla.
Qliro Group AB (publ) has today completed the sale of its subsidiary Health and Sports Nutrition Group HSNG AB (HSNG) to Orkla.
Press release, Stockholm, 21 November 2017 Qliro Group AB (publ) has entered into an agreement to sell its subsidiary Health and Sports Nutrition Group HSNG AB (“HSNG”) to Orkla. The enterprise value of HSNG in the transaction is SEK 360 million on a cash and debt free basis and with a normalized working capital. The transaction is expected to be completed in the first quarter of 2018. HSNG will remain a partner to Qliro Financial Services and CDON Marketplace after the transaction.
Qliro Group AB (publ) has today completed the sale of its subsidiary Lekmer AB to Babyshop Sthlm Holding AB.
Qliro Group ́s business area Nelly has decided to operate shopping club sales in the Nordic countries through a cooperation with Campadre Scandinavia AB. In addition, Campadre becomes a partner to Qliro Financial Services regarding payment solutions in the Nordics. As part of the agreement, the assets in the shopping club Members.com will be divested to Campadre for an initial upfront consideration of about SEK 10 million plus an additional conditional deferred consideration of up to SEK 4.2 million.
Press release, Stockholm, 25 April 2017 Qliro Group AB (publ) has entered into an agreement to sell its subsidiary Lekmer AB to Babyshop Sthlm Holding AB. Together with Lekmer, Babyshop will become partners to Qliro Financial Services and CDON Marketplace following the transaction. The enterprise value of Lekmer in the transaction is SEK 90 million. The transaction is conditional on the completion of a share issue of at least SEK 150 million in Babyshop Sthlm Holding AB, for which the buyer has already obtained executed subscription commitments. The transaction is expected to be completed at the latest by the end of the second quarter of 2017.
Qliro Group AB (publ) today announced that the company has completed the sale of the subsidiary Tretti to WhiteAway after approval from the Swedish Competition Authority.
Press release, Stockholm, 15 June 2016 Qliro Group AB (publ) today announced that the company has entered into an agreement to sell the subsidiary Tretti AB to WhiteAway for a total cash consideration of SEK 250 million, corresponding to an enterprise value of approximately SEK 180 million. Tretti will remain a partner of Qliro Financial Services and CDON Marketplace after the transaction. Also WhiteAway will become a partner of Qliro Financial Services regarding payment solution services for its online store in Sweden and join CDON Marketplace as a new merchant.
CDON Group AB, the leading e-commerce group in the Nordic region, today announced that the company has entered into an agreement to sell the operations of subsidiary Heppo AB to Footway Group AB.
CDON Group AB, the leading e-commerce Group in the Nordic region, today announced that it has signed a deal to acquire Business Linc BL AB’s operations in Falkenberg, Sweden. The acquisition of the logistical operations is an important step toward strengthening the Group’s value chain and delivering a high level of customer satisfaction.
