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PRESS KIT
BUSINESSES AND BRANDS
Fashion
NELLY.COM 
LINUSLOTTA.COM
HEPPO.COM
Sports & Health
GYMGROSSISTEN.COM
BODYSTORE.COM
Entertainment
CDON.COM
BOOKPLUS.FI
LEKMER.COM
MILESTONES
1999 CDON.COM launched as     
online record store within 
Modern Times Group MTG AB
2000 DVDs and games added
2003 Books added
2004 First in the Nordic region to 
offer digital music download 
service
2005 Mobile phones and home 
electronics added
2006 Rental service for streaming 
of movies added
2007 Mp3 books added. 
Nelly.com, LinusLotta.com & 
BookPlus.fi acquired
2008 Download service of digital 
PC games added. 
Gymgrossisten.com acquired
2009 LinusLotta.com business 
integrated with Nelly.com, 
BookPlus.fi business 
integrated with CDON
2010 Acquisition of Lekmer.se. 
Announcement of demerger
from MTG. Launch of 
Heppo.com. Lekmer.com pan‐
Nordic and introduction of 
Nelly in Germany.
BUSINESS FACTS
OPERATIONS
Office
Distribution 
centre
Entertainment 9.1 million 
products delivered in 2009 –
in 3.9 million parcels
Fashion 0.7 million products 
delivered in 2009 – in close to 
400,000 parcels
Sports & Health 2.6 million 
products – in more than 
400,000 parcels
FINANCIAL FACTS
OPERATIONS
Office
Distribution 
centre
Sales  up 31% in first 3Q´s of 2010 
(Entertainment 11%, Sports & 
Health 34%, Fashion 119%)  
CDON Group’s sales were SEK 
2,056 (1,573) million, and the 
operating income SEK 148 
(102) million (rolling 12 month 
ended 30 September 2010). 
BUSINESS AREA 
ENTERTAINMENT
OPERATIONS
Office
Distribution 
center
BRANDS
CDON.COM is the leading online retailer of 
entertainment products in the Nordic region, with 
a broad offering including DVDs, computer games, 
CDs, books, electronic products, and services such 
as music downloads and on‐demand film 
streaming.
CDON – initially offering only CDs – was launched by 
MTG in Sweden, Norway and Denmark in February 
1999. Soon to follow was the launch of other 
online retailers for niche products, such as DVDON 
and GAMERSON. In 2000 all of them were merged 
into CDON.
The launch of CDON was a logical development for MTG. 
In 1989 the Group had launched the home 
shopping concept TV‐Shop, which became the 
biggest company in Europe for direct sales on 
television. By 1999 the internet penetration in the 
Nordic region had increased rapidly and opened 
the move to internet retailing. In net sales, CDON 
became bigger than TV‐Shop in 2004. TV‐Shop was 
sold in 2007.
There has been a Finnish language version of CDON 
since the summer of 2000 and later an EU version 
in English was added.
BUSINESS AREA 
ENTERTAINMENT
OPERATIONS
Office
Distribution 
centre
BRANDS
BookPlus.fi is a Finnish online book retailer 
which CDON acquired in December 2007 from 
Helsingin Dataclub Oy. BookPlus.fi was merged 
with the CDON.COM business in 2009.
Lekmer.com is a leading Swedish online toy 
retailer. Lekmer, which was launched in 2006, was 
acquired on 31 March 2010. Lekmer offers toys 
from leading brands including Alga, Mattel, Brio, 
Micki, Babybjörn, Disney, Hasbro, Lego and 
Playmobil. Lekmer was launched in Norway in 
October 2010 and in Finland and Denmark in 
November 2010.
BUSINESS AREA 
FASHION
OPERATIONS
Office and 
distribution 
centre
BRANDS
Nelly.com is the leading fashion retailer on the 
internet in the Nordic region.
Nelly, which had been established in 2003, was acquired 
by CDON in August 2007.
Since CDON became the owner, Nelly has been 
introduced in Norway in June 2008, in Denmark 
and Finland in October 2008. In October 2010, 
introduction in Germany was announced.
LinusLotta.com The online children's clothes 
retailer Linus & Lotta was acquired by CDON in 
December 2007.
Linus & Lotta already had an online presence across the 
Nordic region, with localised web shops in 
Swedish, Danish, Norwegian and Finnish, when the 
retailer was acquired by CDON. 
LinusLotta.com was merged with the Nelly.com business 
in 2009.
Heppo.com The online shoe retailer Heppo.com 
was launched by CDON Group in Sweden in August 
2010 and in the rest of the Nordic region in 
September.
BUSINESS AREA 
SPORTS & HEALTH
OPERATIONS
Office and 
distribution 
centre
BRANDS
Gymgrossisten.com has a leading position 
in the Swedish market for nutritional supplement 
products, primarily via the internet, but also 
through franchise stores. On 14 December 2007 
CDON made a recommended offer for the entire 
outstanding share capital of Gymgrossisten Nordic 
AB, listed on the First North market place of the 
OMX Nordic Exchange.
As at 6 February 2008, MTG controlled 99.42% of 
Gymgrossisten. The company was delisted from 
First North on 29 February 2008, and after a 
mandatory tender MTG became the owner of the 
remaining outstanding shares on 24 November 
2008. Gymgrossisten had been established in 1996. 
Since December 2007, prior to CDON’s acquisition, 
Gymgrossisten was established in Finland under 
the brand Fitnesstukku. In October 2008 CDON 
launched a Norwegian language version of 
Gymgrossisten.
Bodystore.com was included in CDON's 
acquisition of Gymgrossisten. Bodystore specialises 
in dietary and health supplement products. 
Gymgrossisten had acquired Bodystore in July 
2007. Bodystore is available in a Swedish language 
version.
MIKAEL OLANDER
Born 1963, was appointed CEO of 
CDON.COM in 2000. CDON was then a year 
old, and still purely a music record retailer 
via the internet. Under Mikael’s 
management, CDON has gradually 
expanded and developed to become the 
leading Nordic online entertainment 
retailer. Mikael has been the CEO of CDON 
Group (previously MTG Internet Retailing) 
from the time it was created in 2007, 
following the acquisition of new 
companies by the Group. Before joining 
MTG, Mikael was a business area manager 
for Egmont Kärnan between 1995 and 
1999.
Bachelor of Science from Louisiana State 
University
MBA from UCLA, Los Angeles
MIKAEL OLANDER
Sports Retired decathlete. NCAA Outdoor 
Track and Field Champion, for Louisiana 
State University Tigers (1988). Twice 
Swedish champion, in decathlon (1986) 
and pentathlon (1987). Participated in 
European Championships in Stuttgart 
(1986, 12th) World Championships in 
Rome (1987, 15th) and Summer Olympics 
in Seoul (1988, 17th).

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CDON Group Presskit 2010 English version