The Swedish Competition Authority has today, on 1 June 2017, decided to take no further action with respect to Volati's planned acquisition of Akademibokhandeln Holding AB, meaning that the acquisition of Akademibokhandeln and Bokus can be completed.
As previously announced, Volati has signed an agreement to acquire shares in Akademibokhandeln Holding AB from Accent Equity 2012 (71.7%), J.P. Killberg Bokhandelsaktiebolag (11.1%), Stiftelsen Bokförlaget Natur & Kultur (11.1%) and Krasse & Co AB (1.0%). The management of the company will remain as shareholders, with holdings amounting to around 5.2% of the shares in Akademibokhandeln Holding AB.
The acquisition was conditional on approval from the Swedish Competition Authority. Transfer of the shares to Volati is expected to take place on 3 July 2017, and the company will be consolidated in Volati from this date.
For further information, please contact:
Mårten Andersson, CEO Volati AB, +46 72 735 42 84, marten.andersson@volati.se
Mattias Björk, CFO Volati AB, +46 70 610 80 89, mattias.bjork@volati.se
Maria Hamrefors, CEO Akademibokhandeln Holding AB, +46 70 601 92 05, maria.hamrefors@akademibokhandeln.se