Kid ASA plan to establish a central warehouse for all markets
Lier, 23 August 2023: Kid ASA ("Kid") has decided to initiate an expansion of its warehouse facilities in Borås (Sweden) for the purpose of establishing one central warehouse for all markets with capacity for further growth. The expansion is subject to entry into a land purchase agreement and approval from the municipality council of Borås Kommune and Trafikverket. Kid announced on 3 November 2021 that the company had established a joint venture (Prognosgatan Holding AS, "Joint Venture") with Fabritius Gruppen AS ("Fabritius") to build a new warehouse facility in Sweden. The Joint