Competition Authority approves Byggmax's acquisition of Skånska Byggvaror

Competition Authority approves Byggmax's acquisition of Skånska Byggvaror. The
transaction will be carried out immediately after the end of the year.
Competition Authority approves Byggmax's acquisition of Skånska Byggvaror. The
transaction will be carried out immediately after the end of the year.
For further questions, please contact Magnus Agervald, CEO Byggmax, mobile: 46
76 119 0020, e-mail: magnus.agervald@byggmax.se
About Byggmax Group
Byggmax Group consists of Byggmax and Buildor. The home improvement discounter
chain Byggmax was launched in 1993 and has 75 stores in Sweden, from North to
South. Turnover in 2014 was approximately SEK 3,5 billion, and the company
continues to expand. The website sells the entire store assortment, as well as
an extensive extra ordering assortment. Since the start, the business concept
has been to be the best and most inexpensive alternative for consumers in need
of high-quality construction materials. Byggmax has a drive-in system in all
stores, where the customers bring their cars and load the material directly on
to them. This makes it simple and quick for the customers to shop, especially
when shopping heavy building materials. Buildor is a fast growing on-line
retailer within building materials, with a turnover of almost SEK 50 million the
last 12 months (30 september 2015), and with a growth rate of more than 150%
compared to the previous 12 months. Buildor was acquired by Byggmax Group in
November 2015. Byggmax Group has been listed on NASDAQ OMX Stockholm since June
2010.