Syncro Group’s subsidiary CUBE enters into an agreement with European mail order group

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Syncro Group AB's (publ) subsidiary CUBE has entered into an agreement with an established mail order group in Europe with 21 brands and operations in 11 European markets.

CUBE has been selected as a strategic and creative partner to initially relaunch one of the client’s brands operating within the B2C segment. The assignment covers CUBE’s entire agency offering and includes strategic advice regarding digitisation, website design & brand strategy, as well as distribution through advertising and influencer marketing.

 

The partnership begins in Q4 of 2022. It is expected to run during the first half of 2023 with a mutual intention of extended cooperation and further investments in additional markets, and brands, for the client.

 

”We’re very happy to receive such great confidence in CUBE. It is a strong indication of the advantage that the connection of the operations between our companies create – from CUBE’s creative and strategic agency operations to Collab’s platform which we use for all our campaigns and enables international scalability, something which is completely in line with how we have developed our global offer.” says Denise Mehta, Head of Brand Solutions, CUBE.

 

 

For more information, please contact:

 

Olof Lindblom, CMO Syncro Group

Phone: +46 76 174 28 25

Email: olof.lindblom@16.16.187.127

 

 

About Syncro Group

Syncro enables collaboration between people and brands through innovative tech. We invest in companies that are part of forming the new digital economy and strengthening our market offering. Syncro has offices in Sweden and Denmark, with headquarter in Stockholm.

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Styrelsen för Syncro Group AB (publ) (”Syncro Group” eller ”Bolaget”) har idag, med stöd av bemyndigande från årsstämman 2023, beslutat om en riktad emission av units bestående av aktier, teckningsoptioner av serie TO6 och teckningsoptioner av serie TO7 (samma serie teckningsoptioner som emitterades inom ramen för den nyligen avslutade företrädesemissionen) till de garanter som kommer att erhålla garantiersättning i form av nyemitterade units (”Ersättningsemissionen”) i enlighet med de garantiavtal som ingåtts i samband med Bolagets företrädesemission av units vars teckningsperiod avslutades den 15 mars 2024 (”Företrädesemissionen”). Syncro Group har även beslutat om en riktad kvittningsemission av units (’’Kvittningsemissionen’’) bestående av aktier, teckningsoptioner av serie TO6 och teckningsoptioner av serie TO7 för kvittning av utestående lån från Formue Nord Fokus A/S (’’Långivaren’’). Teckningskursen i Ersättningsemissionen och Kvittningsemissionen har fastställts till 0,30 SEK per unit, motsvarande 0,06 SEK per aktie, vilket motsvarar teckningskursen i Företrädesemissionen. Samtliga units som emitterats i Ersättningsemissionen och Kvittningsemissionen har tecknats och tilldelats.

In a significant move underscoring its international expansion strategy, Collabs announces partnerships with ten agencies across four European countries. This expansion reflects the platform’s commitment to organic growth and the broad appeal of its influencer marketing technology.