Tibber AB acquired Kundkraft Sverige AB from Schibsted ASA (OB:SCHA) on September 10, 2021. As a part of transaction, Tibber will issue shares to Schibsted resulting in Schibsted becoming a shareholder of around 5% stake in Tibber. Tibber and Kundkraft will remain two separate companies. Both companies will continue working on digitalizing the power industry and offering customers better tools to reduce and streamline their energy consumption.
Tibber AB completed the acquisition of Kundkraft Sverige AB from Schibsted ASA (OB:SCHA) on September 10, 2021.