Confidence International AB (publ.) (OM:CONF) signed an agreement to acquire Ac SÄKerhet Nord Ab for SEK 5.6 million on October 13, 2021. The purchase price for the acquisition consists of SEK 4.3 million in cash at the time of acquisition, a settlement of approximately SEK 0.4 million one month after the acquisition and an additional purchase price that falls over a three-year period and is estimated to amount to SEK 0.9 million. The Group will be financing the acquisition with its own funds. Ac SÄKerhet Nord will be part of the Technology Division in Confidence International. Ac SÄKerhet Nord's sales for the partial financial year 2020/21 to end of April, are quoted as approximately SEK 9 million with an EBITDA margin amounting to approximately 16 percent.