Electra Gruppen AB (publ) (OM:ELEC) reached an agreement to acquire EM Home Interior AB for SEK 15.5 million on October 25, 2018. Electra has offered to acquire EM Home for a purchase price of SEK 3.5 million and an additional purchase price of up to SEK 12 Million can be paid if defined goals are achieved linked to future profits in EM Home and volume development in the furniture chain EM. The acquisition includes the brand EM, chain office and trade agreement with the 32 local entrepreneurs who all own their own stores. During the broken fiscal year 2017/18 sales of EM Home amounted to about SEK 30 Million and equity of SEK 3.5 million. Electra's acquisition is conditional on ownership of at least 90% of the shares accept the offer. Owners of over 60% of the shares already have submitted preliminary acceptance. The acquisition is expected to contribute positively to Electra's earnings per share already in 2019/2020.