Polaris Private Equity exits Byggmax
Byggmax said Monday it closed its buy of Skånska Byggvaror for SEK 936 million (US$113.6 million). Polaris Private Equity is the seller. The deal includes the possibility of Skånska Byggvaror receiving an additional payment of SEK 110 million if the EBITDA in 2016 exceeds SEK 67 million, with a maximum pay-out at an EBITDA of SEK 79 million or above. Skånska Byggvaror is an online retailer in the do-it-yourself market for refined building material.
4 January 2016•3 mins read
