Byggmax Group AB (publ) (OM:BMAX) entered into an agreement to acquire Contera AS for approximately NOK 290 million on July 1, 2021. As part of consideration, Byggmax Group paid consideration of NOK 175 million and additional consideration based on future performance in 2021 and 2022 of maximum of NOK 110 million, in all a total maximum enterprise value of NOK 285 million. In 2020, Contera sales amounted to NOK 300 million and EBITDA of NOK 34 million. The transaction is subject to customary closing conditions and Norwegian competition authority approval. Byggmax Group AB (publ) (OM:BMAX) completed the acquisition of Contera AS on August 31, 2021.