Ytinrete BidCo AB (publ), a company ultimately controlled by Nordic Capital, successfully acquires Foxway Group AB

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS OR IN OR INTO ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.

Press release, 5 October 2023 

On 18 June 2023, Ytinrete BidCo AB (publ), an entity ultimately controlled by Nordic Capital, entered into a share purchase agreement with the previous shareholders of Foxway Group AB for the purpose of acquiring Foxway Group AB and its subsidiaries. The transaction, that was announced on 19 June 2023, has today 5 October 2023 been successfully completed.

This information is information that Ytinrete BidCo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 17.50 CEST on 5 October 2023.

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities.

For further information, please contact:

Erik Källmin, CFO, Foxway Group AB

Email: erik.kallmin@foxway.com