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BTJ deal

BTJ divested to Bokusgruppen

BTJ divested to Bokusgruppen
December 2024
Sector: Industrial & Business services
Service: M&A

Our role

Evli Corporate Finance acted as exclusive financial adviser to the owners in the sale of BTJ to Bokusgruppen

Buyer

Bokusgruppen is Sweden’s market-leading book retailer which, with strong and complementary brands, reaches a very large share of Sweden’s population. In addition to books in all channels and formats, a large and inspirational range of other products is also offered. The company has more than 400 employees and is headquartered in Stockholm with offices in Malmö and Gothenburg. Bokusgruppen is listed on Nasdaq First North Premier Growth Market and reported sales of SEK 1.9 billion in 2023 

Target

BTJ specialises in digital information services, media, and book sales within the education sector. For over 80 years BTJ has served Sweden's libraries, and today the company has expanded its focus to also include schools and businesses as key customer segments. Headquartered in Lund, BTJ reported a turnover of approximately SEK 100 million in 2023