Note 26- Acquisition of Tenson AB
Note 27- Subsequent events
NWG // FINANCIAL INFORMATION // THE GROUP
Note 26- Acquisition of Tenson AB
On July 1 2023, New Wave Group acquired 100 % of the shares in the Swedish outdoor company Tenson AB. The purchase price amounted to SEK 1, which was based on equity at the time of acquisition on July 1, 2023 amounting to at least SEK 6.53 million, where the brand was valued at SEK 30.9 million. This resulted in a positive profit effect of SEK 6.5 million, which was reported under other operating income.
Note 27- Subsequent events
No significant events have occurred after the balance sheet date.
126 // ANNUAL REPORT