Setterwalls advises Kjell Group in connection with a directed share issue to Göran Westerberg and a rights issue of approximately, in total, SEK 200 million

Kjell Group is a leading player in consumer electronics and accessories in the Nordic region, offering a broad range of products and services to both consumers and businesses through physical stores and e-commerce. The share issues strengthen the company’s financial position and create conditions for implementing prioritized strategic initiatives. Göran Westerberg, outgoing CEO of Rusta, is intended to become a significant shareholder in the company through the directed share issue. Kjell Group is headquartered in Malmö and the company’s shares are listed on Nasdaq First North Growth Market.