NYAB Oyj (HLSE:NYAB) signed a Letter of Intent to acquire Dyk & AnlÄGgning Stockholm Aktiebolag for SEK 26 million on February 29, 2024. The consideration consists of SEK 13 million in cash and SEK 13 million in common equity. As part of the consideration, SEK 26 million was paid towards common equity.

The completion of the acquisition is subject to satisfactory Due Diligence review. Closing is expected to take place during the month of April.