The transaction was carried out in the context of Volati\u2019s strategy to acquire companies with proven business models, leading market positions and strong cash flows, to further develop and grow them with an emphasis on long-term value creation. The enterprise value of the transaction was around SEK 760 million.<\/p>\n
Akademibokhandeln is the market leading book retailer in Sweden with a market share of about 35% of consumer book sold, and it has a strong offering for all product and delivery formats. With 108 stores nationwide, 80 under its own management and 28 run as franchises, together with online sales under the Akademibokhandeln and Bokus brands, the company operates modern and profitable sales channels focused on consumers, companies and public-sector operations. For 2016, the Akademibokhandeln Group\u2019s net sales amounted to SEK 1.8 billion with EBITDA of SEK 125 million.<\/p>\n
M\u00e5rten Andersson, Chief Executive of Volati, said: \u201cWe are extremely pleased and proud to be able to acquire Akademibokhandeln \u2014 which is, in my view, a typical acquisition for Volati. The book retailer is a well-run and profitable group with strong cash flows and an extremely well-established market position.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The Deal The transaction was carried out in the context of Volati\u2019s strategy to acquire companies with proven business models, leading market positions and strong cash flows, to further develop and grow them with an emphasis on long-term value creation. The enterprise value of the transaction was around SEK 760 million. The Target Akademibokhandeln is […]<\/p>\n","protected":false},"author":1,"featured_media":3946,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions"],"acf":[],"yoast_head":"\n