NOTE AB (publ) (OM:NOTE) acquired Modern electronics plant in Bulgaria for SEK 36 million on April 13, 2023. The purchase price, after deductions for existing debts, amounts to approximately SEK 36 million. Payment of the purchase price is made in cash based on NOTE’s strong balance sheet. The current principal owner, Sergej Shardin, who has successfully developed the company for many years, will continue in his role as CEO of the business. The number of employees amounts to approximately 80.

NOTE AB (publ) (OM:NOTE) completed the acquisition of Modern electronics plant in Bulgaria on April 13, 2023.