Storskogen acquires Cuben Utbildning
Storskogen has entered into an agreement to acquire Cuben Utbildning via its subsidiary Strigo. Cuben is a provider of adult- and vocational education in Gothenburg and Stockholm. Cuben reported a turnover of SEK 101m and an EBITA of SEK 14m in 2020. Storskogen expects to complete the acquisition in the end of the fourth quarter of 2021.Cuben offers Swedish for immigrants (“SFI”) and adult- and vocational education. The company also provides labour market education and matching services. Cuben is an add-on acquisition of Strigo, a competence Group with a focus on adult development in life.