Business

Online Brands Nordic Acquires Frank Dandy

Online Brands Nordic Acquires Frank Dandy

Online Brands Nordic AbJune 23, 20263
Online Brands Nordic Acquires Frank Dandy

About this update from Online Brands Nordic Ab

Online Brands Nordic AB OMXSTO:OBABSAID ON MONDAY TO ACQUIRE ALL SHARES IN FRANK DANDYPURCHASE 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 EARNINGSCLOSING IS EXPECTED TO TAKE PLACE ON 1 JULY 2026FRANK DANDY'S REVENUE AND EBITA FOR Q2 2025 – Q1 2026 AMOUNTED TO SEK 120 MLN IN REVENUE AND SEK 15.8 MLN IN EBITASource text for Workspace:Further company coverage:

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