Frill carries out three company acquisitions and enters a letter of intent for a fourth company acquisition and secures financing through a directed convertible issue of a maximum of SEK 85 million
STOCKHOLM, April 22, 2021 20:15 CET Frill Holding AB (publ) (“Frill” or “the Company”) has today completed the acquisition of 100 percent of the shares in iQ Fuel AB, Kling Homie AB, and Nathalies Direct Trade AB (the “Acquisitions”). The total initial purchase price amounts to approximately SEK 71.1 million through cash payment of SEK 24.1 million and payment with newly issued shares in the Company of approximately SEK 47 million (the "Remuneration Shares"). In addition, there are certain additional purchase prices. The three companies had a combined turnover of approximately SEK 16.7