Creative Technology Northern Europe AB signed a definitive agreement to acquire Bright Group Oy from CapMan Oyj (HLSE:CAPMAN) on October 11, 2021. Prior to closing, Creative Technology Northern Europe and Bright Group will continue to operate as separate and independent companies. After a brief transition period following closing, Bright Group will become part of NEP?s Creative Technology division and will go to market as part of Creative Technology Northern Europe. The transaction is conditional upon the approval of the Norwegian Competition Authority. As of November 3, 2021 Norwegian Competition Authority approved the deal. The deal is expected to close in October or November of this year. As of November 3, 2021, the transaction is expected to close in the next few days. GCA Altium Limited acted as a financial advisor to CapMan Oyj.