THiS Less-is-more Group AB (publ) acquires Posterton AB
The investment company THiS Less-is-More Group AB (publ) (“THiS Group”) has today signed a binding agreement to acquire all shares in Posterton AB (“Posterton”). The purchase price amounts to SEK 65 million plus additional cash, which is paid via a non-cash issue of B shares, based on a share price of SEK 7.4 per share.About Posterton Posterton is an e-commerce company selling premium posters and frames in 27 markets in Europe. Posterton has an integrated AR tool in the customer experience and drives sales through an AI engine across Europe. In 2021, Posterton signed an agreement with