On 5 January 2012 it was announced that the owners of SmartGuy A/S, Christian Kusk, Poul Kusk and Nicolai Kjærgaard via their holding companies had acquired a number of shares in SCF Technologies A/S totalling two thirds of the outstanding capital and its correlated voting rights.

The shares in SCF Technologies A/S have been acquired by the owners of SmartGuy A/S through a directed capital emission of 5,437,794 new shares in SCF Technologies A/S at a total price of app DKK 11m.

SmartGuy was founded in 2000 by Christian Kusk, Nicolai Kjærgaard, Jens Dalsgaard and Poul Kusk. The company offers fashion clothing for sales via the Internet and is today one of Northern Europe’s leading online fashion clothing shops. For the financial year 2010/2011 SmartGuy has seen a growth in its activity and its turnover has increased to DKK 237m which is a growth of app 21 percent compared to the previous financial year.