Clas Ohlson AB to Discuss the Acquisition of Spares Europe AB Call Transcript

Oct 02, 2023 / 06:30AM GMT

Release Date Price: kr120.15

Transcript

Operator

Welcome to the Clas Ohlson presentation regarding the acquisition of Spares. (Operator Instructions) Now I will hand the conference over to CEO, Kristofer TonstrÃ¶m; and CFO, Pernilla Walfridsson. Please go ahead.

Kristofer TonstrÃ;m;publ;President;CEO

Clas Ohlson AB

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Good morning, everyone, and welcome to this Clas Ohlson webcast regarding the acquisition of Spares Europe, a leading company within spare parts and accessories in electronics and batteries. My name is Kristofer TonstrÃ¶m. I'm the CEO, and I'm here with Pernilla Walfridsson, CFO.

So we will go through a presentation where we will introduce Spares, the transaction structure and the key rationale, and then we will open up for questions at the end. So first, a short introduction. So for us, this is a strategic acquisition, and it's very much complementing our existing Clas Ohlson core business and strategy. It's also a great enabler for us to continue to deliver long-term profitable growth and the deal will be EPS

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