Byggmax Opens in Bergen Rådal in April 2016

Regulatory News:

The low-price retailer Byggmax (STO:BMAX) opens a store in Bergen Rådal, Norway in April 2016. The store will employ four people and approximately three seasonal employees. Since Byggmax launched in Norway 2007 the company has opened 30 stores throughout the country.

Nordåsdalen 26 is a good location, with a large space and the opportunity to establish Byggmax’s concept.

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 has repeatedly won Norwegian price surveys.

– We are proud of the results of these surveys. Our goal is to be the cheapest on every product we sell and that is why we give all our customers a price promise. If our customers find the same product at a lower price at another local venue, the customer will be given the difference plus ten percent of the difference, says Magnus Agervald CEO of Byggmax.

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 76 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

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