Nordic Outdoor Brand Acquired
Online Brands Nordic AB, which operates a number of e-tailers, acquired Nordic KidsWear AB, including outdoor kidswear brand Isbjörn of Sweden, for a total purchase price of SEK 75 million ($8.0 mm). The deal calls for an initial payment of SEK 40 million, half of which will be cash and the other half in new issued shares, then additional performance cash payments during 2022-2024 of a maximum ... Log in to view full article.