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25.02.03 / Nyhet

MAQS assists as Mio makes history

Mio retailers from across Sweden have signed transfer agreements, under which 53 out of 59 franchise stores will transition to what is internally called "One Mio," starting May 1, 2025. This new structure will consist of a total of 67 stores. Under the agreements, Mio AB and the Mio retailers will transfer businesses and properties in exchange for newly issued shares in Mio AB through a non-cash issue.

"With this transaction, we are consolidating all competitive tools into one company, creating a financially strong organization that will provide the foundation for implementing the long-term strategy currently being developed," says Björn Lindblad, CEO of Mio.

Mio is a leading Swedish retail chain for furniture and home decor, delivering interior solutions for homes since 1962. Mio operates in 73 locations across Sweden and offers e-commerce services.

MAQS served as legal advisor to Mio in the transaction. The MAQS team primarily consisted of Niklas Eskilsson, Jessica Svantesson, Lars Odinge, Eric Ehrencrona, and Bo Sjöholm.

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