FREDRIKSTAD, NORWAY: Europris is acquiring 67 per cent of Strikkemekka Holding AS for NOK 88.4 million. The purchase price is final, and the acquisition will be settled in cash, a bourse filing noted. The main revenue contributor in the Strikkemekka group is the Strikkemekka.no online store. This was launched in 2017 and quickly became Norway’s…
FREDRIKSTAD: Europris opened a new store today in Oslo’s Løren district. This brings the group’s extensive network of stores to 266. Today’s opening is the fourth in 2020, and the second in the company’s City concept. The group has a robust pipeline of new stores for 2021 and beyond, including both ordinary Europris stores and…
FREDRIKSTAD: The board of directors of Europris ASA has today appointed Espen Eldal as the new CEO of the company. Eldal has served for many years as CFO of Europris, and has been acting CEO since 1 April. His appointment will accordingly take immediate effect. The board has carried out a detailed process in appointing…
FREDRIKSTAD: Europris ASA, Norway’s largest discount variety retailer by sales, has today acquired a 20 per cent equity stake in ÖoB with payment in Europris shares. The acquisition of the equity stake has now been completed by the delivery of 4,349,695 Europris shares, corresponding to 2.61 percent of the share capital. This acquisition represents an…