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Northbaze announced yesterday the acquisition of Enter Sales & Distribution AB, a company with three key business areas: Distribution Services, Market Expansion Service, and The Help Mobile. With a turnover of SEK322m in 2023, Enter's addition is expected to broaden Northbaze Group's market presence and enhance operational efficiencies. The acquisition will be finalized on September 1st, positioning Northbaze for growth in several attractive segments, including refurbished electronics. We raise our Base Case by 15% to SEK0.75.
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