We aRe Spin Dye (WRSD) AB (publ) (NGM:WRSD) agreed to acquire Best of Brands Europe AB on November 30, 2021. As per terms of transaction, We aRe Spin Dye will pay for the acquisition with new shares. The acquisition includes the platforms Campadre and Members in addition to the brand Best of Brands.

MBRS Group AB (NGM:MBRS) completed the acquisition of Best of Brands Europe AB on for approximately SEK 150 million on January 10, 2022. As part of consideration, MBRS Group will issue 22.2 million shares to the seller. The transaction was unanimously approved at the Extraordinary General Meeting on December 30, 2021, and all conditions for the acquisition has been fulfilled.