Frill continues its rapid journey - Acquires Juica Sverige AB
STOCKHOLM, May 18, 2021 19:05 CET Frill Holding AB (publ) (“Frill” or “the Company”) has today completed the acquisition of 100 percent of the shares in Juica Sverige AB (“Juica AB”). The initial purchase price amounts to approximately SEK 8.6 million. Payment is made, partly through newly issued shares in Frill of approximately SEK 8.5 million (the “Remuneration Shares”), and partly through cash payment of approximately SEK 0.1 million. Additional purchase consideration in the form of newly issued shares in the Company to a value of SEK 5 million is paid if Juica AB reaches a sales target