case / 08 Apr 2022
Setterwalls has advised Komplett Group ASA in connection with the acquisition of NetOnNet AB
Setterwalls has assisted Komplett in connection with the acquisition of NetOnNet, whereby the seller received a combination of cash and newly issued shares in Komplett as part of the purchase price. Based on the closing price of Komplett’s share on the Oslo Stock Exchange on 8 February 2022, the total value of the consideration corresponds to approximately NOK 3,7 billion. Komplett was founded in Norway in 1991 and is a pioneer within e-commerce within electronics and gaming products. Through the combination, Komplett and NetOnNet will create one of the leading e-commerce players within consumer electronics on the Nordic market.