RVRC Holding has signed an agreement to acquire a 90.1% equity stake in the sportswear brand ICANIWILL. The transaction values the entire company at an enterprise value of SEK 700 million, which serves as the basis for the purchase price of the 90.1% shareholding. The agreement also grants RVRC an option to purchase the remaining minority shares at a later date. In addition, the deal contains a contingent earn‑out provision that allows RVRC to pay up to SEK 175 million after the close of calendar years 2026 and 2027, provided that ICANIWILL achieves pre‑specified EBIT targets for those years. RVRC intends to finance the acquisition through a mix of its existing cash balances, available credit facilities, and the transfer of treasury shares it holds. The company projects that the acquisition will be accretive to its earnings‑per‑share (EPS) in both 2026 and 2027. ABG Sundal Collier has been appointed as the financial adviser for the transaction.
RVRC to Acquire 90% ICANIWILL, SEK 700m
M&A / Stake Purchase / Joint Venture
Price while announcement
Current price (CMP)