FDT AB entered into a letter of intent to acquire Electra Smart AB from Electra Gruppen AB (publ) (OM:ELEC) on May 13, 2022. Unless a binding share transfer agreement is entered into, the intention is to complete the Transaction during the second quarter of 2022. FDT-System AB acquired Electra Smart AB from Elon AB (publ) (OM:ELON) for SEK 10 million on July 5, 2022.The purchase price for the company amounts to approximately SEK 10 million, divided into an initial payment of SEK 5 million upon signing the agreement and an additional purchase price of an additional SEK 5 million if certain criteria are met after three years.