Byggmax opens in Mora in June 2016

SOLNA, Sweden–(BUSINESS WIRE)–Regulatory News:

The low-price retailer Byggmax opens a store in Mora during June 2016.
The store will employ five to seven people. Byggmax has more than
doubled the number of stores in Sweden since 2006. There are currently
77 stores throughout the country. The new store in Mora will be situated
at Skålmyrsvägen 41. The company has previously announced the opening of
stores in Trelleborg, Köping, Åmål and Arlandastad in 2016.

– For a long time we have wanted to establish a location in Mora, and
now we have found a good location for Byggmax, where a lot of people
pass. Our stores in Falun and Borlänge are doing well, so it feels great
to be able to open in Mora, says Stefan Moseby, Regional manager at
Byggmax.

Skålmyrsvägen 41 in Mora is a good location, with a large space and the
opportunity to establish Byggmax’s concept. Overall, a retail space of
approximately 8000 sqm is necessary, where the retail store and the
drive-in occupy the most space. Byggmax’s concept is based on offering
customers quality products at a low prices, where customers can do a
part of the job themselves to keep the costs down.

Good quality at a low price Byggmax sell construction materials such as
lumber, flooring, dry-wall, cement, windows, doors and paint to both
professionals and DIY-customers. The Byggmax concept is to offer good
quality products at low prices.

Byggmax is also the construction material retailer that swedes deem has
the lowest prices. According to Mediekompaniet’s annual brand survey “MK
Rapporten”, conducted in June 2014, 59 % of the swedes states that
Byggmax has the lowest prices. The closest competitor only reached 30 %.

About Byggmax

The home improvement discounter chain Byggmax was launched in 1993 and
its business concept is to be the best and most inexpensive alternative
for consumers in need of high-quality construction materials. In 2007,
the Byggmax launched its business in Norway, and the first store in
Finland was opened in 2008. Today Byggmax has 77 stores in Sweden, 30 in
Norway and 13 in Finland. The company’s sales amounted to approximately
SEK 3,5 billion in 2014. Byggmax has been listed on NASDAQ OMX Stockholm
since June 2010.

For more information, please visit www.byggmax.com

This information was brought to you by Cision http://news.cision.com

Contacts

For further questions, please contact:
Magnus Agervald, CEO Byggmax
Mobile:
+46 76 119 0020
E-mail: magnus.agervald@byggmax.se
(magnus.agervald@byggmax.se)
or
Stefan
Moseby, Regional manager
Mobile: +46 761-19 01 08
E-mail: stefan.moseby@byggmax.se