Everysport Media Group's subsidiary Every Padel acquires Västerås Padel Arena
Everysport Media Group AB (publ.) (ESMG) announces today that its subsidiary Every Padel i Sverige AB (Every Padel) has entered into an agreement to acquire 100% of the shares in Västerås Padel Arena AB (VPA). The purchase price amounts to SEK 7 million, which will be paid in cash on closing day on July 1st this year. VPA holds six padel courts and one mini court and last year had sales of SEK 7.6 million with a profit before tax of SEK 0.4 million.Every Padel is one of the leading actors in the fast growing padel market and is expanding rapidly in Sweden. The acquisition of VPA is in line