Netmore Group AB (publ) will acquire Bredbandsson AB
Netmore Group AB has signed an agreement to acquire 100% of the shares in Landskrona-based Bredbandsson AB for a purchase price of SEK 22.5 million, of which SEK 18 million in cash and SEK 4.5 million in newly shared issues. Through the acquisition, Netmore will increase its customer base and strengthen its network and production environment for expansion in Sweden and globally.Since the establishment in 2006, Bredbandsson has gradually built a successful ISP-business (Internet Service Provider), mainly in southern Sweden. With a well-established customer base that will provide Netmore with