The 4 is the first Light Rail that goes to Squeed in Mölndal. What time is the first Light Rail to Squeed in Mölndal?.The Ekgatan stop is the nearest one to Squeed in Mölndal. What’s the nearest bus stop to Squeed in Mölndal?.The nearest bus stop to Squeed in Mölndal is a 4 min walk away. How far is the bus stop from Squeed in Mölndal?.The Mölndal Station station is the nearest one to Squeed in Mölndal. What’s the nearest train station to Squeed in Mölndal?.The nearest train station to Squeed in Mölndal is a 28 min walk away. How far is the train station from Squeed in Mölndal?.These Bus lines stop near Squeed: 751, 753 Mölndal Station is 2142 meters away, 28 min walk.Mölndal Lackarebäck is 1840 meters away, 24 min walk.Mölndals Bro is 1217 meters away, 16 min walk.Mölndals Stadsmuseum is 1107 meters away, 15 min walk.Mölndals Innerstad is 1054 meters away, 14 min walk.Kvarnbyskolan is 451 meters away, 6 min walk.Ekgatan is 290 meters away, 4 min walk.Read more on What are the closest stations to Squeed? The company has 95 employees and offices in Göteborg, Stockholm and Oslo. Studio - provision of software teams as a service. Agile - agile coaches that help organisations achieve greater flexibility. Net, cloud services, Frontend, UX as well as test and quality assurance. Operations are conducted in three business areas: Tech - software development based on Java. Squeed provides digital services through innovative and qualified IT consultants and agile coaches. Read more about Semcon's and Squeed's next step ( ). The information was submitted for publication through the agency of the contact person below at 11.30 a.m. This information is information that Semcon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. Semcon expects the acquisition to have a positive impact on earnings per share in 2021.ġ) Based on the average volume-weighted price paid 20 trading days prior to signing the share purchase agreement. The purchase price is adjusted for normalised working capital, and Semcon is measuring the entire purchase price, including earn-outs, at fair value at the date of transfer on. The share portion will be met using existing holdings of own shares and the authorisation permitting the transfer of own shares that the Annual General Meeting resolved to provide the Board of Directors on 29 April 2021. The cash portion of the purchase price will be financed using available funds in Semcon. In addition, earn-outs, paid in cash, may amount to a maximum of SEK 39 million if the operating profit exceeds certain benchmark levels during 2021-2023. The purchase price for 100 per cent of the shares, on a cash and debt-free basis, initially amounts to SEK 61 million, of which SEK 56 million will be paid in cash and SEK 5 million will be paid in the form of 42,585 shares in Semcon 1). In terms of culture, we are an outstanding match as we are both development-oriented, people-first companies that share a passion for value-generating technology," says Squeed's President Ola Klasson. As a part of Semcon, we will work on new exciting projects that combine digital and physical solutions. "Squeed's employees are accustomed to working on projects that span across innovation and business development to implementation. In 2020, sales amounted to SEK 105 million and operating profit to SEK 14 million, yielding an operating margin of 13 per cent. Squeed, which will join Semcon's Engineering & Digital Services business area, has 95 employees and strengthens Semcon's presence mainly in Göteborg and Stockholm, but also in Oslo. This generates opportunities for us to work with customers in new industries, such as retail, finance & insurance and media," says Markus Granlund. "The acquisition of Squeed will complement the Group's existing digital offering in, for example, AI and smart products with additional cutting-edge expertise in full-stack development and cloud services. It is a strong driver of change and creates new opportunities for more sustainable and user-friendly digital solutions. It will be extremely inspiring to work together and provide even better support to our customers in their digital transition," says Markus Granlund, CEO of Semcon.ĭigital technology is rapidly changing products and services and the digital transformation is impacting every industry and end user. "Squeed is a strategically important acquisition that will add a further almost 100 fantastic colleagues to our company as well as new and exciting customers.
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