Karnell Group AB (publ) (OM:KARNEL B) acquired 90.1% stake in Ojop Sweden Ab on May 31, 2024. Karnell Group AB has an option to acquire the remaining shares in the company. Karnell has committed to a performance-based earnout, contingent on the 2024 and 2025 performance of Ojop. The current owner and chief executive officer, Anders Larsson, will remain with 9.9% of the shares in Ojop Sweden Ab and will continue as chief executive officer until a permanent chief executive officer is found. Ojop Sweden Ab reported a sales of approximately SEK 50 million with good profitability.

Karnell Group AB (publ) (OM:KARNEL B) completed the acquisition of 90.1% stake in Ojop Sweden Ab on May 31, 2024. Setterwalls Advokatbyrå Ab acted as legal counsel to Larsson Investment Sweden AB in the transaction.