Online Brands Nordic AbOMXSTO: OBAB

Online Brands Nordic Acquires Frank Dandy

· Issued by Online Brands Nordic Ab

Online Brands Nordic AB OMXSTO:OBAB

  • SAID ON MONDAY TO ACQUIRE ALL SHARES IN FRANK DANDY

  • PURCHASE PRICE COMPRISES SEK 43.2 MLN IN CASH AT CLOSING, SUBJECT TO NET DEBT AND WORKING CAPITAL ADJUSTMENTS, PLUS EARN-OUTS OF UP TO SEK 16 MLN TIED TO 2026–2027 EARNINGS

  • CLOSING IS EXPECTED TO TAKE PLACE ON 1 JULY 2026

  • FRANK DANDY'S REVENUE AND EBITA FOR Q2 2025 – Q1 2026 AMOUNTED TO SEK 120 MLN IN REVENUE AND SEK 15.8 MLN IN EBITA

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