CAG Group AB (publ) (OM:CAG) agreed to acquire Etendo Holding Ab on May 30, 2023. The acquisition is paid in cash and access takes place on 1 June.Etendo had a turnover of SEK 8.20 million and solid profitability in 2022. The transaction is equivalent to a EV/EBIT multiple of 5.7.Henrik Nobel and Isak Tholén of Lindahl has represented Etendo Holding AB in the sale of all shares in the wholly-owned subsidiary Etendo Sverige AB to CAG Group AB.