Fragbite Group AB (publ) (OM:FRAG) is looking for mergers and acquisitions. During the company's third quarter presentation, Marcus Teilman, Chief Executive Officer of Fragbite Group, said that ‘as we have communicated in all our reports, I would say, we have a continued strong M&A pipeline, and we are always evaluating and sourcing or scouting for new M&A leads. It's always a matter of negotiations and finding the right targets and so on.

But we're out there scouting. On the other hand, I don't feel stressed that we need to do M&A activities. M&A activities should only be done when we see that there is a strategic fit, the price is right and also the timing is right'.