Nordstjernan Invests in PriceRunner
The owners of NS Intressenter have jointly acquired 100 per cent of the shares in the shopping comparison site PriceRunner. Behind NS Intressenter are Nordstjernan, Karl-Johan Persson, Nicklas Storåkers and Mikael Lindahl.
PriceRunner, founded in 1999, is the most well-known price comparison site in Sweden and Denmark. At PriceRunner, consumers can find the lowest prices and compare millions of products. The company has operations and websites in Sweden, Denmark, United Kingdom and Germany and an office in China. PriceRunner has 108 employees.
”PriceRunner has a strong brand and market position. We will make long-term investments with the intention to develop an even stronger PriceRunner”, comments Nicklas Storåkers, who in connection with the acquisition will take on the role as CEO. The previous CEO Peter Carlsson will leave the company. ”Under Peter Carlsson’s leadership, PriceRunner has successfully built a very strong brand and a profitable business. It is a privilege to take over the leadership after Peter”, adds Nicklas Storåkers.
In the beginning of April, a new board will be elected consisting of Peter Leimdörfer, Carolina Oscarius Dahl, Mattias Miksche and Nicklas Storåkers. Peter Leimdörfer will be elected Chairman of the Board.
The seller is the U.S.-based internet and media group IAC. The parties have agreed to not disclose the purchase price.
Questions will be answered by:
Telephone: +46 70 861 80 01
Tomas Billing, CEO, Nordstjernan AB
Telephone: +46 8 788 50 18