the Agreement was signed by the parties on the following day. Teknikmagasinet Sweden AB, was declared bankrupt on January 15th of this year. The acquisition will result in Ambia Trading Group of the company’s inventory and equipment, and shares in the wholly-owned Norwegian subsidiary.
Ambia has also purchased the right to negotiate the continuation of tenancies, with around 50 of london.
the managing director, Ulrika Göransson, the number of stores being reduced. It is not yet clear what kind of stores are kept and who will be forced to shut down. She said that Teknikmagasinet has a plan on how to optimize its customer offering in order to boost their business.
„We’re going to continue on with the plan, but with a slightly smaller suit,“ says Göransson.
the president of the Ambia Trading Group, comments on the acquisition in a press release.
“ For Ambia, we see great potential in developing Teknikmagasinet, which is a part of our group of companies. We have been in the past interested in order to get closer to the end user, with the range of products we have access to our services through our other group companies and, where it is the combination of a very well-recorded, “ he writes in the press release.
the total Purchase consideration amounts to sek 41 m and the access will take place on February 10.
for more information: Peter Gyllenhammar regret the purchase of Teknikmagasinet.
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