Brighter sells its subsidiary Camanio AB for SEK 65 million
Brighter AB (Publ) today announced it entered into an agreement with AddLife AB (Publ) (AddLife) to sell all of the shares in its fully-owned subsidiary Camanio AB (Camanio) for SEK 65 million in cash. The sale means that the Company can focus more on its core business, at the same time as the cost base is reduced. AddLife purchased all of the outstanding shares in Camanio and paid SEK 65 million in cash, including debt to be repaid by Camanio to Brighter. The deal included the sale of Camanio’s non-core assets Bestic, Giraff and BikeAround, Camanio’s SmartCare platform and related