Storskogen acquires 2M2 Group
Storskogen has entered into an agreement to acquire 90.1% of 2M2 group. The company specialises in trading products in the House & Garden segment with several own brands. 2M2 Group reported a turnover of SEK 147m in 2020 with an EBIT of SEK 13m. Storskogen expects to complete the acquisition in the beginning of January 2022.2M2 Group has headquarters, showroom and warehouse in Båstad, Sweden. The company offers products in, among other things, gardening and cultivation as well as interior design through its own brands Estwood and 2M2 Trend. The company has two additional brands, 2M2 Fence,