Jan-Erik Höjvall, CEO of Amasten, and Mattias Lundgren, CEO of SSM.
Image: Amasten/SSM
Sweden —
Amasten has entered into an agreement with Eurodevelopment AG on the acquisition of 11,600,000 ordinary shares in SSM Holding. This corresponds to a holding of 29.55 percent of the shares and votes in SSM as of today's date.
The total purchase price amounts to SEK 116 million and access to the shares is expected to take place on January 20.
“I see great synergies with this deal. Integrating our Riki concept into SSM's exciting and strategic positioning to meet 'tomorrow's urbanites' is a real win-win,” says Jan-Erik Höjvall, Amasten's CEO.
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