Edition:
United Kingdom

Clas Ohlson to buy 10 pct of MatHem


Friday, 8 Dec 2017 

Dec 8 (Reuters) - Clas Ohlson ::CLAS OHLSON CLOSER TO THE CUSTOMER THROUGH STRATEGIC COLLABORATION WITH MATHEM.SE.SAYS ‍AT SAME TIME, CLAS OHLSON ACQUIRES NEWLY ISSUED SHARES CORRESPONDING TO 10 PER CENT OF MATHEM I SVERIGE AB​.SAYS ‍CLAS OHLSON WILL OWN 10 PER CENT OF MATHEM I SVERIGE AB, MAKING CLAS OHLSON MATHEM'S FOURTH LARGEST OWNER​.SAYS ‍INVESTMENT AMOUNTS TO 221 MSEK AND WILL BE REPORTED IN CLAS OHLSON'S Q3 OF 2017/18.MATHEM.SE IS A LEADING E-COMMERCE OPERATOR AND SWEDEN'S LARGEST ONLINE GROCERY STORE WITH DELIVERIES IN SEVERAL LARGER CITIES.MATHEM'S SALES AMOUNTED TO 963 MSEK IN 2016 ​.