El-Salg AS agreed to acquire 45% shares in Euronics Danmark A/S from Electra Gruppen AB (OM:ELEC).

Elon AB (publ), formerly Electra Gruppen AB (publ) is the parent company in the Electra Group and operates as a holding company for active units. The majority of Elon AB's operations are conducted in the subsidiary Electra Sweden AB, which develops and maintains information technology for telecommunications and electronic products. The business is conducted in the Electra Retail and Electra Logistics & IT business lines. Elon develops and operates sales of goods and services, infrastructure and concepts for trade and logistics in the Nordic region. It is also in this company that the majority of all staff are employed. The Group is a complete supplier of goods and services within the main consumer electronics areas and is specialized in the provision of electronic products and related services for home use.