Studsvik AB (publ) (OM:SVIK) agreed to acquire Extrem Borr Och SÅGteknik Sp Ab for approximately SEK 37.5 million on June 14, 2024. Under the agreement Studsvik will pay an initial purchase consideration of SEK 35 million and an annual additional purchase consideration of up to 7 percent of the initial amount for three years, based on EBS achieving set financial goals. For the period ending December 31, 2023, Extrem Borr Och SÅGteknik Sp Ab reported total revenue of SEK 30 million.

The expected completion of the transaction is July 1, 2024.