Worth reading
64In focus
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How definitive the wording is.This transaction
Share transferCounterpartySCUR-Alpha 820 GmbH
Disclosing companyCOSEL CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Power supply design, development, production and sales
Location Stockholm, SwedenShare capital SEK 27,659 thousandDate of incorporation September 1974
Net SalesSEK 349,163 thousand (fiscal year ended April 2025)
Operating profitOperating loss of SEK 16,731 thousand (fiscal year ended April 2025)
Net income for the current fiscal yearNet loss of SEK 28,706 thousand (fiscal year ended April 2025)
Net assetsNet assets of SEK 121,865 thousand (fiscal year ended April 2025)
Consideration and expenses
Acquisition priceNot disclosed due to confidentiality obligations.
Type of ConsiderationCash
Impact on Business Performance
The impact of this share transfer on consolidated results for the fiscal year ending May 2026 is currently under review and is scheduled to be disclosed when the Company announces its results for the fiscal year ending May 2026.
Procedures and assumptions
Management structure after acquisitionThe target company's business is expected to continue and develop under the transferee. Following the share transfer, transactions involving the sale of the Company's products, the purchase of the target company's products, and loan receivables are expected to continue. The trade name, representative, and treatment of employees: Not disclosed.
| Item | Details |
|---|---|
| Transaction name | Share transfer |
| Counterparty name | SCUR-Alpha 820 GmbH |
| Name of the Subject Company | Powerbox International AB |
| Business Description of the Subject Company | Power supply design, development, production and sales |
| Location of the Subject Company | Stockholm, Sweden |
| Capital Stock of the Subject Company | SEK 27,659 thousand |
| Date of Establishment of the Subject Company | September 1974 |
| Net Sales of the Subject Company | SEK 349,163 thousand (fiscal year ended April 2025) |
| Operating Profit of the Subject Company | Operating loss of SEK 16,731 thousand (fiscal year ended April 2025) |
| Net Income of the Subject Company | Net loss of SEK 28,706 thousand (fiscal year ended April 2025) |
| Net Assets of the Subject Company | Net assets of SEK 121,865 thousand (fiscal year ended April 2025) |
| Acquisition price | Not disclosed due to confidentiality obligations. |
| Type of Consideration | Cash |
| Voting rights ownership percentage | Before 100% → after 0% |
| Impact on Business Performance | The impact of this share transfer on consolidated results for the fiscal year ending May 2026 is currently under review and is scheduled to be disclosed when the Company announces its results for the fiscal year ending May 2026. |
| Date of board resolution | 20 May 2026 |
| Contract Date | 20 May 2026 |
| Execution Date / Effective Date | August 2026 (scheduled) |
| Management structure after acquisition | The target company's business is expected to continue and develop under the transferee. Following the share transfer, transactions involving the sale of the Company's products, the purchase of the target company's products, and loan receivables are expected to continue. The trade name, representative, and treatment of employees: Not disclosed. |
Items this document does not state (13)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.After comprehensively considering the target company's business environment, the need for growth investment, the business portfolio of the Company Group as a whole, and capital efficiency, the Company determined that continuing and developing the target company's business under the transferee would be the best choice for enhancing the corporate value of the Company Group.
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