Hultström Group has entered into an agreement to divest all shares in HifabGruppen AB, which comprises the group’s entire operations, to Nordic private equity firm Vaaka Partners for a purchase price of SEK 258 million. The transaction is subject to approval by an extraordinary general meeting in Hultström Group.
Hultström Group provides project management and advisory services within, among other areas, construction, infrastructure, industry and environment. The shares of Hultström Group are listed on Nasdaq First North Growth Market.
KANTER advised Hultström Group on the transaction
KANTER Advokatbyrå har varit legal rådgivare till Ica Fastigheter i samband med att Ica Fastigheter och Bonnier Fastigheter Invest säljer det gemensamt ägda fastighetsbolaget Trecore Fastigheter. Transaktionen innebär att Vendus förvärvar totalt 51 butiksfastigheter, varav 35 från Trecore Fastigheter, till ett underliggande fastighetsvärde om cirka 1 684 Mkr och 16 butiksfastigheter från Ica Fastigheter till ett underliggande fastighetsvärde om cirka 1 011 Mkr. Samtidigt förvärvar Ica Fastigheter 10 butiksfastigheter från Trecore Fastigheter till ett underliggande fastighetsvärde om cirka 2 907 Mkr.
Flat Capital has been approved for listing on Nasdaq Stockholm, subject to customary conditions. Trading in the company’s B share on Nasdaq Stockholm is expected to commence on 25 June 2026, concluding a successful uplisting from Nasdaq First North Growth Market.
Flat Capital is a publicly traded investment company founded in 2013 by Nina and Sebastian Siemiatkowski. Flat Capital invests in both listed and unlisted assets globally and has been listed on Nasdaq First North Growth Market since 2021.
KANTER advises Flat Capital in connection with the listing on Nasdaq Stockholm.
Alcadon Group has acquired all shares in A-Antennas AB, a leading Swedish company within the design and development of antennas for wireless data transmission in outdoor environments. The acquisition was completed with immediate effect.
A-Antennas AB was founded in 2011 and is based in Arboga, Sweden. The company has five employees, sells products and solutions to several European countries and has revenues of approximately SEK 50 million with good profitability.
Alcadon Group is a Swedish listed group founded in 1988 that acquires, owns and develops leading companies and brands within network infrastructure and data communications. With approximately 180 employees and revenues of approximately SEK 1,400 million, the Group operates through independent subsidiaries in seven European countries.
KANTER advised Alcadon Group on the transaction.
Intrum AB (publ) announced on 7 May 2026 a fully guaranteed SEK 7.5 billion equity capital raise. The capital raise will be effected through a directed rights issue of approximately SEK 1.5 billion together with a rights issue of approximately SEK 6 billion, conditional upon approval by an extraordinary general meeting.
KANTER acted as legal advisor to Intrum.
Trimco Group (UK) Limited has announced a recommended takeover offer to the shareholders in Nilörngruppen AB (publ). The offer values Nilörngruppen to approximately SEK 878 million. Nilörngruppen’s B-shares are listed on Nasdaq Stockholm, Small Cap.
KANTER has assisted Nilörngruppen in connection with the offer.
Hyper Island has signed a lease agreement with Areim for approximately 1,700 sqm of lettable area in Tidningskvarteren, Stockholm. The premises will be refurbished ahead of Hyper Island’s access in August 2026 and will be used by Hyper Island as center for the company’s activities in learning and professional development.
Hyper Island was founded in 1996 in Karlskrona, Sweden, and has since grown into a global platform for lifelong learning. The company brings this to life in two ways: as a global partner for executive learning and transformation, working with leaders and organisations across markets; and as a Nordic vocational school in Sweden, delivering Higher Vocational Education (YH) programmes for the Nordic job market from its base in Stockholm. In nearly three decades, Hyper Island has reached over 10 million people in more than 40 countries. Through partnerships with over 2,000 organisations, Hyper Island helps people and teams grow and develop in a world of constant change. Its alumni today hold key roles in creativity, technology, business development and leadership at companies around the world.
KANTER advised Hyper Island in the lease negotiations.
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KANTER Advokatbyrå har biträtt Hyper Island som legal rådgivare i samband med att bolaget ingått ett hyresavtal med Areim avseende cirka 1 700 kvm uthyrningsbar yta i Tidningskvarteren i Stockholm. Lokalerna kommer att renoveras inför Hyper Islands tillträde i augusti 2026 och kommer att användas som centrum för bolagets verksamhet inom lärande och professionell utveckling.
Hyper Island grundades 1996 i Karlskrona och har sedan dess vuxit till en global plattform för livslångt lärande. Bolaget bedriver yrkeshögskoleutbildning och erbjuder med bas i Stockholm YH-program för den nordiska arbetsmarknaden. Hyper Island är en global partner för executive learning och utveckling, i samarbete med ledare och organisationer på olika marknader. Under cirka tre decennier har Hyper Island nått över 10 miljoner människor i fler än 40 länder. Genom samarbeten med över 2 000 organisationer hjälper Hyper Island människor och team att växa och utvecklas i en värld av ständig förändring. Bolagets alumner innehar i dag nyckelroller inom kreativitet, teknik, affärsutveckling och ledarskap på företag världen över.
Amplio Private Equity, through the fund Amplio I, has entered into an agreement to divest SELATEK Holding to the IK X Fund, managed by IK Partners, a leading European private equity firm.
SELATEK is a technical installation platform specialising in Security, Electrical and Automation solutions across buildings, infrastructure and industrial environments, with a strong focus on security-sensitive operations. Established in 2022 following Amplio’s acquisition of Levinsgruppen in November 2021 and an active buy-and-build strategy involving more than 20 add-on acquisitions, the SELATEK group brings together several local technical service providers across Sweden under a shared structure. Operating across more than 30 locations in Southern and Central Sweden, the Group has over 900 full-time employees
KANTER advised Amplio Private Equity on the transaction.
On 1 April 2026, Printworks Sweden AB announced the sale of the company to Network of Design (“NOD“), a portfolio company of Altor Equity Partners.
Printworks Sweden AB is an international home decoration and premium gifting brand founded in Stockholm in 2017 by Annette Gårdö and Patrik Westerdahl. The company has pioneered the concept of “functional decoration”, built a presence across 71 markets and five continents, and is today available through more than 5,000 retailers worldwide alongside a fast-growing e-commerce business.
KANTER has advised the owners of Printworks Sweden AB on the transaction.
Genova and Urban Partners have entered into an agreement regarding a newly formed joint venture for the first stage of the Viby urban development project in Upplands-Bro, in which Genova will hold a 50 per cent stake alongside Urban Partners via NSF V. Completion of the transaction is expected to take place on 31 March 2026.
The first stage comprises ten properties and approximately 40,000 sqm of gross lighted floor area. Urban Partners, which already has a joint venture with Genova relating to rental apartments and a retirement home in Norrtälje, holds an option to acquire 50 per cent of the project’s remaining two stages. Genova acquired the property Viby 19:3 in 2014. The zoning plan enables the long-term development of Viby into a new, accessible district comprising a total of 850 residential units, green spaces and strong community services. The project will be developed in three stages, and construction of the first blocks commenced in May 2025. These include approximately 300 residential units, a Hemköp grocery store, an elementary school with the Raoul Wallenberg School, and a sports centre. Completion of the first stage is expected during 2027–2028.
KANTER advised Genova on the transaction.
Bockasjö and Ica Fastigheter has entered into an agreement regarding a joint venture for the development of a new logistics property in Norrköping. The parties own 50 per cent each in the company. Apotek Hjärtat will be the tenant. The development project is the construction of a modern and sustainable logistics property situated on a site of appr. 140 000 square meters in Klinga south of Norrköping. Construction works will start in spring 2026 and are estimated to be completed in 2028.
KANTER advised ICA Fastigheter in the transaction.
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Bockasjö och Ica Fastigheter har tecknat avtal om att bilda ett gemensamt ägt bolag för utvecklingen av en ny logistikfastighet i Norrköping. Parterna äger 50 procent vardera i det gemensamma bolaget. Apotek Hjärtat kommer att vara hyresgäst. Projektet avser uppförandet av en modern och hållbar logistikfastighet på ett ca 140 000 kvadratmeter stort markområde i Klinga söder om Norrköping. Byggnationen påbörjas under våren 2026 och beräknas vara färdigställd under 2028.
KANTER biträdde ICA Fastigheter i transaktionen.
Fingerprint Cards and Precise Biometrics have adopted a joint merger plan for merging the companies through a statutory merger in accordance with the Swedish Companies Act. The merger till be implemented by Precise Biometrics absorbing Fingerprint Cards, whereby the shareholders in Fingerprint Cards will receive nine (9) new ordinary shares in Precise Biometrics for each share in Fingerprint Cards. The merger combines capabilities within hardware, software, and identity solutions within one single provider, and is conditional upon, inter alia, approval by the shareholders of each of Precise Biometrics and Fingerprint Cards at their respective general meetings. The merger consideration values Fingerprint Cards at approximately SEK 135.7 million.
Fingerprint Cards is a global biometrics hardware and systems provider, with its sensors already embedded and in active use in nearly two billion devices worldwide. Precise Biometrics is a global provider of biometrics and access control software. Fingerprint Cards and Precise Biometrics are listed on Nasdaq Stockholm.
KANTER advises Fingerprint Cards on the merger.
Amplio Private Equity, through the fund Segulah V, has entered into an agreement to divest Multisoft to SEB Nordic Direct III. Founded in 2000, Multisoft delivers business process systems, leveraging its proprietary low-code software platform Softadmin® to develop customised and pre-configured enterprise applications with a focus on automation.
Segulah V acquired a majority stake in Multisoft in January 2021, with its two co-founders reinvesting for a significant minority stake. Together with its founders and management team, Multisoft has delivered strong revenue and profit growth driven by accelerated investments and the addition of AI capabilities to the Softadmin® platform, the verticalisation and standardisation of its offering, and increased investments in sales and marketing. In addition, three complementary strategic acquisitions have been completed, including a market entry into Norway.
KANTER advised Amplio Private Equity on the transaction.
Olofsson Förvaltning AB divests its real estate portfolio comprising seven properties with Bilia as the main tenant and a total letting area of approximately 18 000 sqm.
The properties are located in Haninge, Sweden.
KANTER has advised Olofsson Förvaltning AB on the transaction.
KANTER Advokatbyrå is delighted to announce that Richard Folke will be joining the firm as a new partner.
“Richard is an outstanding addition to KANTER. His broad experience and deep expertise will further strengthen our M&A and capital markets capabilities and enhance the value we deliver to our clients. We are confident that Richard will play a key role in the firm’s continued development and growth,” says Karl Eklund, Managing Partner at KANTER.
Richard has extensive experience in equity capital markets and public transactions, advising issuers, financial advisers, investors and other market participants in Sweden and internationally. He has been involved in a wide range of complex and high-value transactions, and his arrival further reinforces KANTER’s ability to advise clients on sophisticated business law matters.
“I am very pleased to be joining KANTER. The firm has a strong market position and an excellent reputation, and I look forward to working with my new colleagues to further develop the practice and provide high-quality, commercially focused advice to our clients,” says Richard Folke.
We are very much looking forward to welcoming Richard to the team!
After more than 40 years as importer of Suzuki motorcycles and ATVs in Sweden, KGK is handing over the business to SMG Nordic AB in Täby, which will take over the import operations, inventory, logistics and several employees with specialist expertise. The transaction covers annual sales of approximately SEK 60 million and just under 1 000 vehicles.
KGK Motor was advised by KANTER in connection with the transaction.
Tedge Energy continues its expansion and strengthens its offering within cooling solutions through the acquisition of Kylmontage. The acquisition marks an important step in Tedge’s longterm strategy to become the leading provider of sustainable energy systems.
Founded in 1979, Kylmontage delivers a full range of contracting services, technical support, service and preventive maintenance within cooling. The current owners will remain in their operational roles and will also become shareholders in Tedge.
KANTER has advised Tedge Energy on the transaction.
Optimera is one of Sweden’s leading builders’ merchants for professional customers, with approximately 70 builders’ warehouses across the country. Allt i Bruk is a Swedish supplier of mortar and masonry products, with specialist expertise and long-standing experience in the construction and civil engineering sector.
The acquisition represents a strategic step in Optimera’s efforts to broaden its product range, strengthen its advisory offering, and create an even stronger comprehensive concept for Sweden’s construction professionals.
KANTER has advised Optimera on the transaction.
NCS Colour is entering a new chapter as Helix Kapital acquires a majority stake in the company from Sobro.
NCS Colour is a global leader in colour communication, operating in approximately 100 markets. NCS Colour is the custodian of the Natural Colour System® (NCS), an internationally recognized colour system based on human visual perception, widely used by designers, architects, manufacturers, and professionals across various industries worldwide.
NCS Colour was advised by KANTER on IP-matters in the transaction.
Mips AB (publ), a world-leader in helmet-based safety, has acquired Koroyd. Koroyd is based in Monaco and is a pioneer in the development of advanced impact protection technology for head and body safety, which is complementary to Mips’ technology.
KANTER has advised Mips on the transaction.
Genova Property Group AB (publ), together with Redito AB, has, through a jointly owned joint venture, agreed to divest the properties Gredelby 21:1 and Gredelby 21:6 in central Knivsta at an underlying property value of SEK 875 million before deduction for deferred tax, corresponding to approximately SEK 49,000 per square metre. The purchaser is Acer Bostad AB, a joint venture owned by Ontario Teachers’ Pension Plan and Gordion with a focus on residential investments in Stockholm.
KANTER advised Genova on the transaction.
Genova Property Group AB (publ) has, in accordance with the press release published on 21 October 2025, completed the acquisition of a property portfolio in the Stockholm region comprising five properties at an underlying property value of SEK 634 million before deduction for deferred tax. In connection therewith, the board of directors, pursuant to the authorisation granted by the annual general meeting on 5 May 2025, has resolved on a set-off share issue of in total 1,362,300 ordinary shares to Landia AB as partial payment of the purchase price.
On 21 October 2025, Genova announced that it had entered into an agreement to acquire a property portfolio in the Stockholm region comprising five properties at an underlying property value of SEK 634 million before deduction for deferred tax from Landia. Genova has on 1 December 2025 completed the acquisition.
KANTER advised Genova on the transaction.
HLL Hyreslandslaget AB is a machine rental company engaged in the rental and trade of machinery, containers and sheds, consumables and personal protective equipment for the construction industry, as well as consulting and leasing in these areas of activity.
TMC is strengthening its presence in Sweden by acquiring Level21, a management consulting firm based in Västerås. Through this partnership, TMC will expand its range of services to include management consultancy, building on its strong foundation in technology and engineering.
Founded in 2002, Level21 specializes in operational management consultancy, focusing particularly on project management, digital transformation and technological transitions.
TMC is a global high-tech consultancy firm offering services to diverse industries, including high-tech, semiconductors, digital and IT services, energy and renewables, and life sciences. It has access to high-profile clients worldwide. TMC operates in over 15 countries and employs over 2,500 people worldwide.
Level21 will continue to operate independently under its existing leadership team, with the owners remaining as shareholders.
Backed by some of the strongest New Nordic AI and tech entrepreneurs, family offices and institutions – Oliver Molander, Erik Lindblad, Caroline Cronstedt, and Peter Sarlin have launched Inception Fund.
Inception Fund aims to act as a catalyst in the earliest phases and focuses particularly on AI-based companies as well as deep tech and B2B software companies.
With Saminvest as cornerstone investor, Inception Fund has held an oversubscribed first and final close of SEK 227 million.
KANTER Advokatbyrå advised the founders in the establishment of Inception Fund.
Genova Property Group AB (publ) has entered into an agreement to sell the property Gävle Mackmyra 20:18, which comprises premises for gym and padel operations. The divestment is based on an underlying property value of SEK 68 million before deduction for deferred tax, corresponding to approximately SEK 18,900 per sq.m. The property was acquired in 2017. During the holding period, Genova has refined the property, which is now fully let. The buyer is Tvättbjörnen Fastigheter AB.
KANTER advised Genova on the transaction.
KANTER Advokatbyrå is delighted to announce that Henrik Nobel is joining the firm as Partner, effective November 1.
“We are very pleased to welcome Henrik to KANTER Advokatbyrå. He brings valuable experience and a strong reputation within the M&A field, further strengthening our corporate offering and benefiting our clients,” says Karl Eklund, Managing Partner at KANTER.
Henrik has over 15 years of experience in transactional work from leading law firms in Stockholm, and most recently served as Partner in M&A and Private Equity at the Stockholm office of an international law firm.
“I’m excited to join KANTER and its highly regarded M&A team, and to contribute to the continued growth of the firm’s M&A practice,” says Henrik Nobel.
We look forward to welcoming Henrik to the team!
Ioffice, a Swedish coworking chain offering offices to companies of all sizes in central Stockholm and Gothenburg, has entered into an agreement with Castellum to acquire its coworking chain, United Spaces. This acquisition doubles Ioffice’s offering to 20 facilities and almost 70,000 square metres, making it the largest in Sweden.
Established in 1999, United Spaces is one of Sweden’s oldest coworking companies, with ten facilities in six cities.
KANTER advised Ioffice on the transaction.
SELATEK continues to expand by acquiring TSTgruppen, a well-established technology company with a strong local presence in Sandviken, Gävle, Falun and Borlänge. By the acquisition, SELATEK established itself in new markets in southern Gävleborg and Dalarna, while also strengthening its offering in electrical and security services and further developing its technical capabilities.
TSTgruppen has over 20 years of experience delivering energy-efficient turnkey solutions in electricity, power, security, fire safety, data/tele and white goods to both corporate and public clients, and has approximately 80 employees.
The current operational sellers will remain in their operational roles and become shareholders within SELATEK.
The acquisition aligns with SELATEK’s long-term strategy to build a leading technology group in electrical installation, security, and automation, characterized by strong local presence and high technical expertise.
KANTER Advokatbyrå acts as legal advisor to Impact Coatings AB (publ) in connection with the company’s rights issue of approximately SEK 87.5 million, conditional upon approval by an Extraordinary General Meeting, announced on 21 October 2025.
Genova Property Group AB has entered into an agreement to acquire a property portfolio in the Stockholm region consisting of five properties for an underlying property value of SEK 634 million before deduction of deferred tax. Furthermore, Genova has entered into a letter of intent for an add-on acquisition of three properties in the Stockholm region with an underlying property value of approximately SEK 600 million. The intention is to enter into an acquisition agreement for the properties during the first quarter of 2026. The seller is the private property company Landia. The financing of the acquisition of SEK 634 million is made through a combination of bank loans, available cash and a new issue of ordinary shares in Genova to Landia of approximately SEK 101 million. Closing of the acquisition is subject to FDI approval and is expected to be completed in December 2025.
KANTER advised Genova on the transaction.
TomEnterprise has entered into a binding agreement to acquire Hammar Maskin. Founden in 1974, Hammar Maskin manufactures and services trailer-mounted lifting equipment for container handling and other heavy-load application, and holds a leading position in the side loader market. Its customers are located all over the world, and the company has sold products in more than 125 countries.
TomEnterprise AB is a Swedish family-owned investment company and a long-term, active owner that invests in private and publicly traded companies.
The transaction is subject to customary regulatory approvals.
KANTER advised TomEnterprise on the transaction.
Tedge Energy continues its expansion and strengthens its presence in West Sweden through the acquisition of B.R.A. Berghogens Rör. The acquisition is a step in Tedge Energy’s long-term strategy to build a leading platform within sustainable energy systems that accelerates the energy transition.
Berghogens is a well-established company based in Uddevalla with extensive experience in heat pump installations.
The current owners will remain in their operational roles and will also become shareholders in Tedge Energy.
Qodea Ltd., a technology group backed by Marlin Equity Partners, has acquired technology consultancy TIQQE AB. The acquisition of TIQQE expands Qodea’s established client base in Europe into the Nordic region.
TIQQE is a Swedish cloud technology consultancy headquartered in Örebro. TIQQE specialises in modern software engineering, automation, and DevOps practices, serving leading customers across the Nordics and beyond.
KANTER has advised Qodea on the transaction.
Flat Capital proposes to carry out issues in kind in exchange for shares in Double Sunday AB, a holding company of Sebastian Siemiatkowski, which holds 24.5 million shares in Klarna, thereby consolidating Sebastian Siemiatkowski’s entire ownership in Klarna under Flat Capital. Sebastian Siemiatkowski, chairman and largest shareholder of Flat Capital, is CEO and co-founder of Klarna. The transaction, which is conditional upon approval from a general meeting in Flat Capital, values Double Sunday at approximately SEK 9.5 billion.
Flat Capital, founded in 2013 by entrepreneurs Nina and Sebastian Siemiatkowski, makes long-term investments in outstanding entrepreneurs through its global network, giving shareholders access to companies with great potential. Flat Capital is listed on Nasdaq First North Growth Market.
KANTER advises Flat Capital on the transaction.
We are pleased to announce that KANTER Advokatbyrå is strengthening and expanding its Real Estate & Construction practice by welcoming Cecilia Jussi-Pekka and Johannes Harlevi as new partners. They will be joining us from Bright Advokat, together with their colleagues Lisa Slotte and Johan Jensen Linder, at the beginning of the new year.
“We are delighted that Cecilia and Johannes, together with their team, have chosen to join us. Their extensive expertise and solid experience in Real Estate and Construction law will be a valuable addition to the firm and perfectly aligns with our growth strategy”, says Karl Eklund, Managing Partner at KANTER Advokatbyrå.
Flat Capital AB (publ) has signed an agreement to make a majority investment in Defensor Group AB, a new Swedish industrial group with the ambition to build a leading player in the Nordic defense and security industry. Defensor simultaneously acquires 70 percent of the shares in ArmaTech i Kungsbacka Aktiebolag and 70 percent of the shares in SAFE4U Security Of Sweden AB, two specialized defense companies with strong histories and unique positions in their respective fields.
KANTER has advised Flat Capital on the transaction.
SELATEK continues its expansion by three additional acquisitions of Elektromontage Power, Kelmo and Triator.
Elektromontage Power is based in Norrköping and offers a wide range of low and high voltage power solutions for the industrial sector and energy distribution companies across Sweden. Kelmo is a full-service provider within industrial automation with specialized expertise in the cable manufacturing industry. Triator Brand- & Säkerhetsteknik is based in Växjö and have operations across southern Sweden, and delivers advanced solutions in e.g. fire alarms, intrusion alarms, CCTV, telecom and data installations. The respective sellers will remain in their operational roles and become shareholders within SELATEK.
KANTER has advised SELATEK on the transactions.
Amplio Private Equity, through the fund Segulah V, has entered into an agreement to sell its interest in Francks Kylindustri to the IK X Fund, a fund managed by IK Partners, a leading European private equity firm.
Francks is a leading Nordic specialist provider of installation and aftermarket services within commercial and industrial refrigeration systems. The company has over 650 employees who work across 50 sites in Sweden, Norway, Denmark and Finland.
Amplio Private Equity acquired a majority stake in 2019 and has since transformed Francks from a regional Swedish business into a Nordic market leader, driven by e.g. multiple strategic add-on acquisitions.
KANTER has advised Amplio Private Equity on the transaction.
Lazarus has acquired the majority stake of Jydsk Aluminium Industri. Jydsk Aluminium Industri – also known as JAI – is one of Europe’s largest and most automated aluminium die casting foundries, with over 70 years of experience. Lazarus has extensive experience of developing industrial companies and has business operations in similar fields.
Lazarus was advised by KANTER on the transaction.
KANTER Advokatbyrå acts as legal adviser to Stronghold Invest AB (and its majority owner Pejoni AB) in connection with the divestment of a minority stake to Fidelio Capital of Newsec AB, a leading company in real estate advisory and property management in the Nordics and the Baltics. The new partnership brings both capital and strategic expertise to Newsec, thereby strengthening and enabling Newsec’s increased acquisition ambition, as well as intensifying investments in the digitalisation and sustainability offering in both existing and new markets.
Flat Capital carries out a rights issue of SEK 300 million, with an upsizing option of additionally SEK 130 million in the event of oversubscription. Subscription undertakings of SEK 228 million have been secured from existing shareholders and prominent new investors.
Flat Capital is an investment company, founded in 2013 by entrepreneurs Nina and Sebastian Siemiatkowski, that focuses on growth stage companies with prominent entrepreneurs in leading positions and primarily makes investments through its network of world-class investors and entrepreneurs. Flat Capital is listed on Nasdaq First North Growth Market.
KANTER advises Flat Capital on the rights issue.
Ratos has issued convertible debentures within the framework of its long-term incentive programs. Due to legislative changes regarding reduced right of deduction for interest expenses, Ratos has applied for admission to trading of the convertible debentures on Nasdaq Stockholm to ensure that the holders remain entitled to full right of reduction for interest expenses for loans taken to finance the acquisition of the convertible debentures. First day of trading occurred on 7 May 2025.
KANTER advised Ratos in connection with the listing of the convertible debentures.
Cavotec has initiated a process to change the group’s domicile from Switzerland to Sweden. As part of this process, Cavotec Group AB, a wholly owned Swedish subsidiary of Cavotec SA, has announced a share-for-share exchange offer whereby the shareholders of Cavotec SA are offered to exchange their shares for shares in the new Swedish entity. The share exchange offer is recommended by the board of Cavotec SA and supported by shareholders who represent 83 per cent of the shares and votes of Cavotec SA. The shares of Cavotec Group are intended to be listed on Nasdaq Stockholm in connection with completion of the offer. The offer values Cavotec at approximately SEK 1.65 billion, based on the share price at offer announcement.
Cavotec is a global engineering company that designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial applications. Cavotec employs over 700 employees and its systems are installed in over 80 countries. The shares in Cavotec are admitted to trading on Nasdaq Stockholm under the ticker CCC.
KANTER advises Cavotec on the redomiciliation.
Multisoft, one of Sweden’s leading providers of systems for membership and interest organisations, has entered into a binding agreement to acquire Mysoft.
Mysoft is a market leader in providing Microsoft Dynamics 365-based software solutions for membership organisations in Norway and Sweden. These solutions are offered as both cloud-based and locally installed systems, including proprietary operating solutions.
Multisoft was advised by KANTER on the transaction.
Readly has entered into an agreement to acquire all shares in Arcy from Bonnier News, the completion of the acquisition being subject to the approval of Readly’s shareholders.
Readly, listed on the Nasdaq First North Growth Market, is a digital subscription service that offers unlimited, “all-you-can-read” access to thousands of magazines and newspapers. Arcy operates a digital subscription service and currently has approximately 11,600 subscribers.. Arcy is also a content provider for Bonnier News’ +Allt offering, which has over 900,000 subscribers. The acquisition of Arcy strengthens Readly’s leading position in digital magazine and newspaper subscription services, and the acquisition is expected to significantly increase the Readly’s revenue and operating margin.
Bonnier News has also announced a public takeover offer to Readly’s shareholders to acquire all shares in Readly that Bonnier News does not already own. The total value of the public offer, based on shares in Readly that are not directly or indirectly owned or controlled by Bonnier News or its affiliates, is approximately SEK 218 million.
KANTER advised Readly on the transaction and the public offer.
Lazarus has acquired all entities in the AGES Casting Unnaryd group. AGES Unnaryd specialises in robotic aluminium die casting and the sale is part of AGES strategic decision to focus on its core operations in Precision Components. Lazarus has extensive experience of developing industrial companies and has business operations in similar fields.
Lazarus was advised by KANTER in the acquisition.
KANTER Advokatbyrå acts as legal advisor to Dustin Group AB (publ) in connection with the fully guaranteed rights issue of approximately SEK 1,250 million, conditional upon approval by an Extraordinary General Meeting, announced on 2 April 2025.
Genova has signed an agreement to divest a property in Huddinge comprising newly created residential building rights. The transaction includes the property Odalmannen 1.
Genova was advised by KANTER in the transaction.
Genova has signed an agreement to divest two residential development projects in Örnsberg, Stockholm, comprising newly created development rights for residential units. The buyer is OBOS. The transaction includes the properties Instrumentet 2 and Örnsberg 2.
Genova was advised by KANTER in the transaction.
Amplio Private Equity has entered into an agreement to partner with SR Intelligence AB, a leading specialist within personnel security and regulatory compliance, to develop and support the company in its next growth phase. Amplio will acquire a majority shareholding while the operating founder and co-owners will retain a significant shareholding and remain in their respective management roles.
Amplio was advised by KANTER in the acquisition.
Surewood Housing AB, part of Gelba and Active Invest, has completed an acquisition of Boklok Byggsystem AB from Skanska through Boklok Housing AB. Boklok Byggsystem AB manufactures modules for the production of townhouses and multi-family homes in Gullringen.
Skanska was, through Boklok Housing AB, advised by KANTER in the transaction.
Swedish PE fund Amplio has entered into an agreement to acquire Edekyl & Värme, a leading provider of heating and cooling solutions, as part of its ambition to create a leading platform within energy optimisation. Edekyl & Värme, together with Amplio’s existing portfolio company Ferla, will form a new group, Tedge Energy, creating a challenger in the energy optimisation market, providing systems and services to accelerate the energy transition. Following the transaction, the new Tedge Energy group will have revenues of approximately SEK 450 million and 130 employees.
The completion of the transaction is subject to customary regulatory approvals.
Amplio and Ferla were advised on the transaction by KANTER.
HongShan Capital Group (HSG), a leading venture capital and private equity firm, has signed a definitive agreement to acquire a majority stake in Marshall Group in a deal valued at €1.1 billion. The Marshall family will retain a significant minority stake of over 20% following the transaction.
The acquisition follows an agreement between HSG and current stakeholders, including Altor, Telia Company, Time for Growth and Zenith VC.
Marshall Group was advised by KANTER in the transaction.
AnaCardio, a privately held clinical stage biopharmaceutical company developing novel drugs to treat heart failure, has announced the completion of a USD 19 million (SEK 205 million) Series A extension financing round, co-led by new international investors Novo Holdings, Pureos Bioventures and Sound Bioventures. Current investors Flerie, Industrifonden, and Fredrik and Ann-Helene Ljungström, also participated to complete the round. The raised funds will be used to complete the phase 1b/2a GOAL-HF1 study, and to prepare and initiate start-up activities for the subsequent phase 2b study.
KANTER Advokatbyrå has acted as legal advisor to AnaCardio.
Athagoras has acquired Quantify Research. As a leading global partner in real-world evidence generation, health economics & outcomes research, market access strategy and economic modelling, Quantify Research brings its expertise to Athagoras, a leading specialized life science consulting group which aims to build a tech-enabled platform of companies within pharmaceutical consulting.
The owners of Quantify Research were advised by KANTER in the acquisition.
Co-native has entered into an agreement to acquire Retune. Retune is a Stockholm-based cloud specialist company with approximately 45 employees and a turnover exceeding SEK 100 million. Through the strategic acquisition of Retune, Co-native strengthens its position as the foremost Microsoft partner for cloud solutions in Sweden. Retune’s main owner Sobro, together with key figures in Retune, will become co-owners of Co-native as part of the transaction.
Co-native was advised on the transaction by KANTER.
EQT X , through Oak BidCo S.à r.l., has announced a public offer to the shareholders of OEM International Aktiebolag (publ) for all the shares in the company, at a price of SEK 110 in cash per share, for a total offer of SEK 15,251 million. Orvaus AB, Siv Franzén, Agne Svenberg and AB Traction, which together represent approximately 72.5 percent of the total votes in OEM International, have irrevocably undertaken to accept the offer.
KANTER has assisted Orvaus AB, Siv Franzén, Agne Svenberg and AB Traction in connection with the offer.
Stendörren Fastigheter AB has carried out a directed share issue of approximately SEK 505 million. EQT Exeter (through Stendörren Real Estate AB), the largest shareholder in Stendörren Fastigheter, participated in the directed share issue. KANTER has assisted EQT Exeter in connection with the share issue.
Strategic Value Partners LLC, through Coniferous Bidco AB, has announced a public offer to the shareholders of Nordic Paper Holding AB for all the shares in the company, at a price of SEK 50 in cash per share, for a total offer of approximately SEK 3,345 million. The largest shareholder in Nordic Paper, Shanying International Holding Co. Ltd via its wholly owned subsidiary SUTRIV Holding AB, representing approximately 48 per cent of the shares in the company, has irrevocably undertaken to accept the offer.
KANTER has assisted SUTRIV in connection with the offer.
Tradedoubler AB has completed a rights issue to its existing shareholders and thereby raising gross proceeds amounting to approximately SEK 50 million. KANTER has assisted Tradedoubler in connection with the transaction.
ECIT AS has entered into an agreement with Qlosr Group AB to acquire the shares in Qlosr Group’s material subsidiaries operating within the IT sector in Sweden for a purchase price of appr. MSEK 300. Qlosr Group is an end-to-end partner in IT services and deliveries in Sweden, with customers in the private and public sector. Based in Norway, ECIT supports a large customer base with accounting, payroll, and IT services and has a proven model for acquisitions, having completed more than 135 acquisitions since 2013.
ECIT was advised by KANTER in the transaction.
Xplora Technologies AS has announced a recommended takeover offer to the shareholders in Doro AB. The offer values Doro to approximately SEK 834 million. Doro’s shares are listed on Nasdaq Stockholm. KANTER has assisted Doro in connection with the offer.
Idun Industrier AB has completed a directed share issue to existing and new investors and thereby raises gross proceeds amounting to approximately SEK 200 million. KANTER has assisted Idun Industrier in connection with the transaction.
Sensys Gatso Group AB has raised EUR 30 million through the issuance of senior unsecured bonds. KANTER has assisted Sensys Gatso Group in connection with the transaction.
EQT Public Value Investments has divested its shareholding in Storytel AB corresponding to a value of SEK 570 million as well as part of its shareholding in Biogaia AB corresponding to a value of approximately SEK 735 million.
KANTER has assisted EQT Public Value Investments in connection with the divestments.
Genova has signed an agreement to divest a portfolio consisting of the properties Uppsala Kungsängen 32:6, Uppsala Kungsängen 32:8 and Upplands-Bro Viby 19:29, 19:33. The sale is carried out at an underlying property value of SEK 121 million.
Genova was advised by KANTER in the transaction.
Axfood acquires the store chain City Gross, in which Axfood already possess joint control through its minority shareholding. The acquisition creates conditions to strengthen City Gross’ competitiveness and for growth in the hypermarket segment, which will challenge the market leaders and increase competition in this segment. The consideration amounts to SEK 2 billion.
Axfood was advised by KANTER in the transaction.
Genova has signed an agreement to divest the Journalisten 1 and Handelsmannen 1 properties in Norrtälje to a newly formed joint venture in which Genova is a half-owner together with Nrep. The sale is carried out at an underlying property value of SEK 1,286m.
Genova was advised by KANTER in the transaction.
B3 Consulting Group has entered into an agreement with the Norwegian company Webstep to acquire the shares in its Swedish subsidiary Webstep. Webstep is an IT consulting company with approximately 80 employees in areas such as system development, IT management, AI & Analytics and Sitevision. B3 Consulting Group is an expansive consulting company in IT and Management. The acquisition strengthens B3’s position, particularly in systems development, and increases its local presence in Sweden.
The transaction is expected to close in H2 2024, subject to regulatory approvals and other customary closing conditions.
B3 was advised on the transaction by KANTER.
Asahi Kasei Corporation has announced a recommended public offer to the shareholders of Calliditas Therapeutics AB for all the shares in the company, at a price of SEK 208 in cash per share, for a total offer of SEK 11,164 million. The board of directors of Calliditas Therapeutics recommends that the shareholders accept the offer.
KANTER has assisted BVF Partners, Linc AB (publ) and Stiftelsen Industrifonden with certain legal advice in connection with the offer.
Bergsala NDP has entered into an agreement with Thunderful Group to acquire the shares in Bergsala, AMO Toys and Thunderful 1, comprising Thunderful Group’s remaining distribution business, as well as the distribution service company Thunderful Solutions. The purchase price amounts to SEK 643 million on a cash and debt free basis.
Bergsala NDP was advised by KANTER in the transaction.
InDex Pharmaceuticals has entered into an agreement to carry out a so-called reverse merger with Flerie, whereby Flerie will become a wholly-owned subsidiary of InDex Pharmaceuticals and Flerie’s shareholders will initially hold approximately 92 per cent of the shares in InDex Pharmaceuticals. In connection with the transaction, the company will carry out an uplisting from Nasdaq First North Growth Market to Nasdaq Stockholm and raise approximately SEK 520 million in a directed share issue.
Flerie is an active and global long-term life science investor, focusing predominantly on biotech and pharmaceutical investments. Flerie is valued at approximately SEK 3,073 million in the transaction.
Flerie was advised by KANTER in the transaction.
SELATEK has significantly strengthened its expertise in security solutions by acquiring Newsafe, a prominent full-service provider of security systems. The acquisition is expected to strengthen SELATEK’s position in security solutions. SELATEK has also strengthened its position in automation by acquiring Deltatec, a renowned engineering company specialising in tailor-made solutions within process and automation technology. The current owners of Newsafe and Deltatec will continue in their operational roles and remain shareholders in SELATEK.
SELATEK was advised by KANTER in the transactions.
“We are delighted to welcome Jimmy Gärd to our team. We are confident that Jimmy, given his background and experience, will complement the firm’s already strong offering in private M&A in an excellent manner, and in line with the firm’s growth strategy.” says Charlotta Poehler, Managing Partner at KANTER.
Jimmy has over 10 years’ experience of transactional work from another law firm in Stockholm, has worked as legal counsel at Klarna, and most recently held the position of General Counsel at Bankgirot.
“I am thrilled to join KANTER and contribute to the firm’s development in the coming years. For me KANTER is the obvious choice. I have always regarded KANTER as a boutique firm characterized by a collegial and friendly atmosphere, with an excellent leading transaction team. The opportunity to further develop such a business is truly exciting.” says Jimmy Gärd, who will join KANTER after the summer of 2024.
The Scandinavian production group Anagram has acquired Just Republic, becoming the largest owner of the Finnish production outfit. With the acquisition, Anagram, which is owned by Newen Studios, has added Finland to its Swedish and Norwegian production divisions, consolidating its position as a heavyweight supplier of quality films, series and live entertainment in the Nordics.
Anagram was advised on the transaction by KANTER.
Red Six has acquired the tour operator More Sailing. More Sailing specializes in sailing holidays in the Mediterranean and the Caribbean, offering everything from family-friendly holiday sailing to conference trips and transatlantic cruises. Red Six is a Swedish investment company that invests in and develops companies with a focus on where people thrive and whose products and services delight customers.
Red Six was advised on the transaction by KANTER.
Polaris Private Equity and a consortium of existing shareholders has announced a recommended public offer to the shareholders of Awardit AB for all the shares in the company, at a price of SEK 132 in cash per share, for a total offer of SEK 1,143 million. The board of directors of Awardit recommends that Awardit’s shareholders accept the offer.
KANTER has assisted Polaris Private Equity with certain legal advice in connection with the offer.
Alcadon has entered into an agreement to acquire the Irish company Wood Communications. Alcadon has also completed a directed new share issue to existing and new investors through an accelerated bookbuilding procedure.
Alcadon is a renowned European premium partner active in selected business areas related to digitalization. Wood Communications, founded in 1924, is one of Ireland’s leading distributors of products and complete systems for network infrastructure for the data communications, data center, telecoms, and security industry.
Alcadon was advised by KANTER in the transaction and the share issue.
Bilia has acquired Olofsson Bil, a well-established family-owned car dealership in Stockholm. Olofsson Bil, known for selling various car brands including Volkswagen, Audi, Skoda, and Seat, will continue its operations under Bilia’s ownership. The deal is set to be finalized on April 2, 2024.
The owner of Olofssons Bil was advised by KANTER in the acquisition.
Multisoft has strengthened its position within the employment agency segment through the acquisition of the Workbuster-business from Grade.
Workbuster is the market leading software platform for Swedish private employment service agencies. Multisoft is a leading provider of business process systems.
Multisoft was advised by KANTER in the acquisition.
Jönköping-based Elmontage has joined SELATEK, who further expands the group’s geographical presence in Småland. Elmontage was founded in the 1940s and is a well-established full-service company within electrical installations. In addition, AllTor Data & Larmteknik has joined SELATEK and strengthened the group’s position within security solutions. AllTor is a full-service provider of e.g. intrusion alarm systems, fire alarm and CCTV, with headquarters in Klippan. SELATEK is a Swedish leading provider of security solutions, electrical installations and automation with a focus on sustainability and technology.
SELATEK was advised by KANTER in the acquisitions.
IT-Total has strengthened its position within digital workplace services through the acquisition of Aura IT Solutions. IT-Total has also expanded its offering within container management by forming a strategic partnership with Sudo Sweden, including an acquisition of a 25% ownership stake in Sudo Sweden.
IT-Total was advised by KANTER in the acquisitions.
Monterro, the leading B2B software investor in the Nordics, has completed an acquisition of Omnia from publicly listed Precio Fishbone. Omnia is a leading provider of cloud-based digital workplace software designed to improve employee experiences for mid to large organizations. Precio Fishbone will remain as minority shareholder in Omnia with 19.9% of the shares. KANTER represented Monterro in the transaction.
Elite Hotels has acquired Hotel Mårtensson, being one of Halmstad’s premier hotels, from Midstar Hotels. Midstar Hotels is a real estate company specialising in investments in hotel properties. Elite is one of the largest hotel chains in Sweden.
Midstar was advised by KANTER in the acquisitions.
Sun4Energy Group AB has entered into an agreement to acquire all the shares in Niutech Group AB, with payment in newly issued shares in Sun4Energy. Following the transaction, the companies’ operations will be combined in a new group where Niutech’s shareholders will own approx. 65 per cent. The transaction is subject to the approval of an extraordinary general meeting of Sun4Energy. KANTER acted for Niutech in the transaction.
Bure Equity AB (“Bure”) has divested 3,700,000 shares in Mycronic AB (“Mycronic”). The shares were sold to a price of SEK 235 per share, corresponding to a total sell down of approximately SEK 870 million. Following the share sale, Bure owns 22,617,163 shares in Mycronic corresponding to 23.1 per cent of the total number of outstanding shares. and votes. KANTER Advokatbyrå acted as legal advisor to Bure in the share sale.
Segulah Medical Acceleration AB (SMA) has invested in Collective Minds Radiology, a Swedish health-tech company with a mission to build the world’s largest platform and community for healthcare collaboration. SMA was represented by KANTER in the investment.
Bonzun AB (publ) has transferred its subsidiary Bonzun Evolve AB, comprising the majority of Bonzun’s business and assets, to Learning 2 Sleep L2S AB (publ) against payment in newly issued shares in Learning 2 Sleep. Following the transaction, Bonzun will be the largest shareholder in Learning 2 Sleep with a holding of over 75 per cent of the shares. Bonzun and Learning 2 Sleep are both listed on Nasdaq First North Growth Market.
Bonzun was advised by KANTER in the transaction.
Genova has signed an agreement to divest two fully leased hotel properties in Palma, Mallorca, for a total purchase price of approx. EUR 35m. The property Concepcio 34 is an investment property while the property Can Oliver is under ongoing construction. Both properties are leased to Nobis on long-term contracts.
Genova was assisted by KANTER in the divestments.
SELATEK has strengthened its position in south-eastern Sweden through the acquisitions of ELIAS Syd and BEST. ELIAS Syd provides a wide offering within electrical installations and is one of the leading players on the market with a particularly strong position in Blekinge. BEST is a prominent and well-established player in Ronneby, Karlskrona and Tingsryd with a full-service offering within electrical installations, fire, security, data & fibre, e-mobility and solar power.
Following the aforementioned acquisitions, SELATEK reaches over one billion SEK in revenues.
SELATEK was advised by KANTER in the acquisitions.
KANTER has acted as legal advisor to Axel Johnson AB in connection with the sale of KICKS Group AB to Matas A/S, Denmark’s leading beauty chain. The cosmetics chain KICKS was founded in 1991 and became part of Axel Johnson in 2002. In early 2023, KICKS and Skincity were merged into KICKS Group.
MIDAQ AB has divested all of its shares in Alfa Mobility to the Pamica Group. Alfa Mobility is the market leader in the Nordic region with regard to the provision of global relocation services.
MIDAQ AB was advised by KANTER in the transaction.
Segulah Fund VI partners with Enstar to support its ambition to build a leading platform within energy optimization.
Enstar develops, builds, refines, and services real estate energy systems with a focus on renewable energy, low operating costs and high return on investment.
Segulah becomes a significant owner in Enstar in partnership with Peas Industries AB and senior executives in the company.
Segulah was advised by KANTER in the transaction.
Co-native continues its journey with the recent acquisitions of Elastic Move and Asurgent.
Asurgent is one of the leading Microsoft Azure focused cloud specialists in Sweden, offering cloud consultancy and managed services.
Elastic Move is a fast-growing certified AWS partner providing business critical cloud solutions including consultancy and managed services based on AWS technology.
Co-native was advised by KANTER in the acquisitions.
TomEQT Private AB has announced a mandatory public takeover offer to the shareholders in Emplicure AB (publ), whose shares are listed on Nasdaq First North Growth Market. KANTER assists TomEQT Private in connection with the takeover offer.
Genova has entered into an agreement to divest the property Knivsta Gredelby 7:89 in Knivsta for an underlying property value of SEK 85 million. Closing is planned to take place on 1 June 2023.
Genova was advised by KANTER in the transaction.
Co-native, a Swedish based cloud services group, adds deep Amazon Web Services competence and strengthens the group’s position within the Stockholm region through its acquisition of the fast-growing cloud specialist Buzzcloud. Buzzcloud is a certified AWS partner offering cloud-based consultancy services within infrastructure and development based on AWS technology.
Co-native was advised by KANTER in the acquisition.
KANTER has advised Zound Industries on its acquisition of Marshall Amplification, marking the next chapter of a decade long successful partnership.
The partnership of these two companies will now create the Marshall Group, bringing together an iconic British brand synonymous with the music industry and one of Sweden’s most exciting high growth companies, to build an audio tech powerhouse.
Under the terms of the deal, the Marshall family will become the largest shareholder of the newly formed Marshall Group, owning 24%. Terry and Victoria Marshall, heirs of legendary “Father of Loud” Jim Marshall, will join the board of Marshall Group. The deal includes all of Marshall Amplification brands and subsidiaries, including Natal Drums, Marshall Records, and Marshall Live Agency.
KANTER’s core team consists of Charlotta Poehler, Sanna Isaksson and Ebba Olsson Werkell. Taylor Wessing advised Zound Industries on UK aspects of the acquisition.
Link to Zound Industries’ press release: https://www.zoundindustries.com/news/marshall-group-is-born-bringing-together-rocknroll-legend-marshall-amplification-and-audio-phenomenon-zound-industries-to-pioneer-the-future-of-sound-and-technology
Assemblin Electrical has acquired the electrical and security technology company RA Vision AB and its subsidiaries (the “RA Group”), with operations in central and southern Sweden. The RA Group has about 90 employees and annual sales of SEK 150 million. Assemblin was advised by KANTER in the transaction.
SELATEK has strengthened its position in southern Sweden through the acquisition of Widings Elektriska. Widings Elektriska is a full-service provider within electrical installation, based in Småland. The current owners will remain in their respective operational roles and retain a significant shareholding in the group.
SELATEK was advised by KANTER in the acquisition.
Alcadon Group AB has completed a directed share issue to existing and new investors and thereby raises gross proceeds amounting to approximately SEK 52,6 million. KANTER has assisted Alcadon Group in connection with the transaction.
tec SA has completed a directed share issue to existing and new investors and thereby raises gross proceeds amounting to approximately SEK 165 million. KANTER has assisted Cavotec in connection with the transaction.
Rejlers has announced a recommended public takeover offer to the shareholders in Eurocon Consulting. The offer values Eurocon Consulting to approximately SEK 469 million. Eurocon Consulting’s shares are listed on Spotlight Stock Market. KANTER has assisted Eurocon Consulting in connection with the public takeover offer.
DS Plattformen AB has entered into an agreement to acquire all shares in Whitepearl Holding with payment being made in the form of newly issued shares in DS Plattformen that are paid by set-off, so-called reverse takeover. The transaction is conditional on a change of listing venue from NGM Nordic SME to Nasdaq First North Growth Market and that an extraordinary general meeting of DS Plattformen approves the transaction including the set-off issue. KANTER represented DS Plattformen in the transaction.
The Norwegian fintech company Stacc has entered into an agreement to acquire the Farm Interactive. Stacc has extensive experience in helping Swedish banks digitize and automate their credit- and lending processes. The Farm Interactive develops solutions within fintech, especially within factoring and collection systems.
KANTER represented the sellers to the Farm Interactive in the transaction.
Niam, one of Northern Europe’s leading fund managers with a focus on real estate and infrastructure investments, acquires Brunswick Real Estate Capital. The business, which has €2.5 billion in assets under management, will be led by CEO Pontus Sundin and will operate as an independent company under Niam Credit.
KANTER advised Niam and its owner Stronghold Invest AB (publ) in the transaction.
Inderes, a company providing an investor community for investors, has acquired Financial Hearings and its production company Streamfabriken. Financial Hearings is market leader in Sweden for investor relations events for listed company. KANTER represented the sellers in transaction.
Oscar Properties Holding AB (publ) has announced an exchange offer to its preference shareholders whereby the preference shareholders are given the opportunity to resell their preference shares to the Company and in return receive 1,500 ordinary shares for each preference share that is resold to the Company. KANTER advised Oscar Properties in connection to the exchange offer.
MedCap AB, listed on Nasdaq Stockholm, has announced a recommended public takeover offer to the shareholders of AdderaCare AB. The offer values AdderaCare at approximately SEK 121 million. AdderaCare’s shares are listed on Nasdaq First North Growth Stockholm. KANTER assists MedCap in connection with the public takeover offer.
Storytel AB has completed a directed share issue to existing and new investors and thereby raises gross proceeds amounting to approximately SEK 400 million. KANTER advised Storytel in connection with the transaction.
Veranex, a global, tech-enabled service provider within the med-tech industry, has acquired Devicia and Clarvin together with their affiliated companies Kickfile, Lea Reg and Limulus Bio. The acquired companies are a portfolio of full-service medical device consultancy companies, providing regulatory and clinical affairs, quality assurance and biocompatibility services for medical devices and IVD devices. KANTER advised the sellers in connection with the transaction.
Energy infrastructure company Nevel has entered into an agreement to acquire Åmotfors Energi from Nordic Paper, a leading Nordic specialty paper producer, as well as other shareholders.
Åmotfors Energi’s business consists of production of steam, heat and electricity as well as energy recovery services. The energy is distributed mainly to Nordic Paper’s Åmotfors Kraft paper production mill and to the Eda municipality district heating network. Energy is produced through the incineration of household waste sourced from nearby municipalities in Sweden and in Norway, supporting the local circular economy. The companies have a joint ambition to improving energy efficiency and reducing CO2 emissions.
Nevel is advised by KANTER in the transaction.
Levinsgruppen has strengthened its position in Stockholm through the acquisitions of Tre E Elteknik and Elarkitektur. Tre E Elteknik is a full-service provider within electrical installation, while Elarkitektur provides system integration solutions within the market for building automation. The current owners will remain in their respective operational roles and retain a significant shareholding in the group.
Levinsgruppen was advised by KANTER in the acquisition.
Ratos AB has announced a recommended public takeover offer to the shareholders in Semcon AB. The offer values Semcon to approximately SEK 2,800 million. Semcon’s shares are listed on Nasdaq Stockholm. KANTER assists Ratos in connection with the public takeover offer.
KANTER is proud to announce the promotion of Karl Eklund as partner as of 1 January 2023. Karl is a member of KANTER’s Corporate/M&A team and focuses on private M&A and private equity.
Levinsgruppen has strengthened its position in Stockholm and Mälardalen through the acquisition of AV-Line. AV-Line is a well-established and fast-growing full-service installation provider within electricity, AV technology, security, e-mobility and data- and fibre networks. The current owners will remain in their respective operational roles and retain a significant shareholding in the group.
Levinsgruppen was advised by KANTER in the acquisition.
KANTER advised Alcadon Group in its acquisition of the UK company Networks Centre Holding Company.
Networks Centre is a professional distributor of products and complete systems for network infrastructure with operations in the UK and the Netherlands. The purchase price amounted to GBP 26,6 million on a cash and debt free basis.
Alcadon Group is a leading supplier of data and telecommunications products and system. Alcadon Group conducts operations in Sweden, Norway, Denmark, Germany, Belgium and the Netherlands. With the acquisition of Networks Centre, Alcadon Group is establishing itself in one of the largest and fastest growing markets in network infrastructure.
On 11 July 2022, Peter Weiderman, Lars Brune, Sara Karlin and Katarina Sjögren (collectively, the “Bidder Group”) announced, through DeMina Skolintressenter AB (“DeMina”), a recommended public offer to acquire all shares in Atvexa AB (publ) (“Atvexa”) for SEK 88 in cash per B-share. The offer entails that the shares in Atvexa are valued at a total of approximately SEK 1,069 million. The B-shares in Atvexa are admitted to trading on Nasdaq Stockholm.
Atvexa is a long-term owner of preschools and schools and is one of the leading players in the educational market in Sweden and Norway.
KANTER advises DeMina and the Bidder Group in connection with the offer.
Levinsgruppen has strengthened its position in Stockholm and Mälardalen through the acquisition of AF Elteknik. AF Elteknik is a full-service installation provider within electricity, communication, security, energy efficiency and building automation. The current owners of AF Elteknik will remain in their respective operational roles and retain a significant shareholding in the group.
Levinsgruppen is a leading regional provider of electrical installations, climate control systems and turnkey industrial automation solutions.
Levinsgruppen was advised by KANTER in the acquisition.
NVBS, a fast-growing player in maintenance, upgrades and construction of critical railway infrastructure, has recently completed three acquisitions of Saxin & Ankerstedt Elentreprenader, Ratatek and TKBM Entreprenad.
Saxin & Ankerstedt is a company active within electrical installation, design and planning, and service. Ratatek specialises in design, installation and maintenance of overhead contact lines and electrical systems on tram and railways, with operations in both Finland and Sweden. TKBM is a construction company active within cable and trunking installation.
NVBS was advised by KANTER Advokatbyrå in the acquisitions.
Lazarus Industriförvaltning AB has acquired 75 percent of the shares in Stockholms Reparationsvarv AB, teaming up with CEO Staffan Johansson who retains ownership of 25 percent of the company.
Lazarus Industriförvaltning AB was advised by KANTER in the transaction.
After 34 years as owner, Axel Johnson is divesting Åhléns to an ownership constellation led by Ayad Al-Saffar, owner of the watch and jewelry retail chain Ur & Penn. The new ownership constellation has the ambition to further strengthen, develop and expand Åhléns in the future and to continue its heritage. Axel Johnson was advised by KANTER in the transaction.
KANTER has acted as legal advisor to Axfood AB (publ) (“Axfood”) in connection with a fully subscribed rights issue of approximately SEK 1.5 billion with preferential rights for existing shareholders.
On 26 April 2022, the board of directors of Axfood resolved, with authorisation from the annual general meeting, on the rights issue. The subscription period of the rights issue ended on 23 May 2022 and on 25 May 2022 Axfood announced that the rights Issue had been fully subscribed.
Segulah Fund VI partners with Co-native, a newly established cloud services group based in Sweden.
Co-native currently consists of Xenit, a leading Microsoft Azure-focused cloud specialist offering digital transformation services.
Segulah becomes a significant shareholder in Co-native, teaming up with its founders together with Xenit employees as joint owners of the new group.
Segulah was advised by KANTER in the transaction.
Adelis Equity Partners Fund I has divested its majority stake in Knightec, a leading technology and digitalisation consultant, to investment company Ratos. The transaction values Knightec at an EV of SEK 1,625 million. Adelis was advised by KANTER in the transaction.
FCG Holding Sverige has announced a recommended takeover offer to the shareholders in Transcendent Group. The offer values Transcendent Group to approximately SEK 240 million. Transcendent Group’s shares are listed on Nasdaq First North. KANTER has assisted Transcendent Group in connection with the offer.
Genova has entered into an agreement to acquire the properties Jungfrun 2 and Jungfrun 3 in Norrtälje for an underlying property value of approx. SEK 153 million. Closing is planned to take place on 10 June 2022.
Genova was advised by KANTER in the transaction.
Genova has acquired the property Sollentuna Häradsallmänning 1:28 in Järfälla for an underlying property value of SEK 94,5 million.
Genova was advised by KANTER in the transaction.
K Öhlin Holding has announced a recommended public takeover offer to the shareholders in myFC Holding. The offer values myFC Holding to approximately SEK 61 million. myFC Holding’s shares are listed on Nasdaq First North. KANTER has assisted myFC Holding in connection with the public takeover offer.
Philip Morris International has announced a recommended public offer to the shareholders of tobacco company Swedish Match AB for all the shares in the company, at a price of SEK 106 in cash per share, for a total offer of SEK 161,2 billion. The board of directors of Swedish Match recommends that Swedish Match’s shareholders accept the offer.
KANTER has assisted Swedish Match with certain legal advice in connection with the offer.
Pernilla Nyrensten, the founder of Revolution Race, has invested in Djerf Avenue.
Djerf Avenue is a fast-growing e-commerce and fashion company founded by the influencer Matilda Djerf and Rasmus Johansson.
KANTER Advokatbyrå represented the founders of Djerf Avenue in the transaction.
Dedicare has signed an agreement to acquire the life sciences staffing firm H&P Search & Interim.
H&P Search & Interim is a supplier to the Nordic market focused on the recruitment and hiring of consultants in the life science sector. Dedicare is a leading recruitment company in healthcare and social work in the Nordic region and is listed on Nasdaq Stockholm.
KANTER represented the sellers of H&P Search & Interim in the transaction.
Adelis Equity Partners has acquired Diakrit AB, the leader in digital property marketing content. With over 20 years of global experience, Diakrit helps leading real estate brokerages across the world successfully win more business and grow their brand through high-quality property marketing content. KANTER represented the sellers in the transaction.
Francks Kylindustri has made three acquisitions in Norway and acquired Therma Industri, Invent and HB Kuldetjeneste, providing Francks access to the Norwegian market. In addition, Francks Kylindustri has strengthened its position in Mälardalen through the acquisition of Kylconstruktioner i Västmanland.
Francks Kylindustri is a leading Nordic provider of industrial and commercial refrigeration solutions with ca. 40 branches across Sweden and Norway.
Francks was advised by KANTER in the transactions.
Cupori Oy, a leading Nordic manufacturer of copper piping, has been acquired by the Swedish investment firm Lazarus Industriförvaltning AB, specialized in operational transformation and turn-arounds.
Lazarus Industriförvaltning AB was represented by KANTER in the transaction.
Praktikertjänst AB has agreed to acquire the business conducted by Aleris Sjukvård AB at two clinics in the Bollnäs region and several rehabilitational clinics in the Stockholm region as well as the business conducted by Aleris Närsjukvård AB at Rudan Vårdcentral and its adjacent rehabilitation clinic in the Stockholm Region. The transaction is currently pending clearance from the Swedish Competition Authority. KANTER represented Praktikertjänst in the transaction.
Levinsgruppen has acquired Edsvikens El, CombiEl, M. Sjöbergs El and Puls Nätservice.
Levinsgruppen is a leading provider of electrical installations and service. Edsvikens El is a leading provider of projects and services in areas such as infrastructure / e-mobility and energy efficiency. Combiel and M. Sjöbergs El are both full-service providers in electrical engineering and electrical installation. Puls Nätservice provides services related to electrical power networks.
The current owners will remain in their respective operational roles and retain a significant shareholding in the group.
KANTER advised Levinsgruppen in the acquisitions.
Alcadon has conducted a private placement of approximately SEK 128 million by way of a directed share issue through an accelerated book building process. Alcadon is a leading supplier of products for data and telecommunications solutions and is listed on Nasdaq First North. KANTER represented Alcadon in the private placement.
Axfood and Mathem are entering into a strategic partnership, with Axfood divesting Mat.se in exchange for shares in Mathem, a strong pure-play online retailer with home delivery. At the same time, Mathem is entering into a long-term delivery partnership with Axfood’s purchasing and logistics company Dagab. The purchase consideration for Mat.se amounts to SEK 688m on a cash and debt-free basis, and payment will take place through newly issued shares in Mathem corresponding to a shareholding of 16.5%. Axfood was represented by KANTER in the transaction.
Alcadon Group AB has acquired 80 percent of 6X International, a distributor of fiber optic solutions and systems. The acquisition also includes a call / put option for the remaining 20 percent.
Founded in 1991, 6X International is a value-add distributor specialized on fiber optic components and complete solutions.
Alcadon was represented by KANTER in the transaction. KANTER’s team consisted primarily of Karl Eklund and Axel Jönsson.
Francks strengthens its position in the southwest region of Sweden and in Småland through the acquisitions of Kyl & Värmepumpservice i Halmstad AB and Gislaved Kylteknik AB, respectively. The current owners will continue to develop the companies in collaboration with Francks.
Francks was advised by KANTER in the transactions.
KANTER’s team consisted primarily of Karl Eklund and Axel Jönsson.
Opter AB (publ), a market leading SaaS company which develops and sells software for transport planning, listed its shares on Nasdaq First North Growth Market on 23 November 2021. In connection with the listing, the general public in Sweden and certain institutional investors were invited to acquire shares in Opter at a price per share of SEK 56, equivalent to a pre-money equity value of approximately SEK 320.7 million.
KANTER’s team consisted of Björn Kristiansson, Ebba Olsson Werkell and Alexander Grägg.
The founder of Modigo AB and ADHD Care by Modigo AB has sold a majority stake in the companies to Broviken. The companies are leading suppliers of neuro psychiatric evaluations and medical treatment of patients with ADHD in Sweden. KANTER represented the founder in the transaction.
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Kobalt Capital has divested KMR Music Royalties II fund assets to KKR and Dundee Partners for approximately US$1.1 billion. The collection includes more than 62,000 copyrights by artists and songwriters across various music genres. KANTER represented Kobalt Capital, from a Swedish law perspective, in the transaction.
KANTER Advokatbyrå is proud to announce the promotion of Sanna Isaksson as partner as of 1 January 2022. Sanna is a member of KANTER’s Corporate/M&A team and focuses on private M&A, private equity and investment funds.
Galatea, a leading distributor of alcoholic beverages in Scandinavia and part of the Martin & Servera Group, has acquired a portfolio of classic spirit brands including Skåne Akvavit, Hallands fläder and Grönstedts. Galatea was represented by KANTER in the transaction.
Segulah Fund VI has entered into an agreement to acquire a majority in Levinsgruppen i Hässleholm AB. Current owners will remain in their respective operational roles and retain a significant shareholding in the group. The acquisition will be the first investment for Segulah Fund VI. Segulah Fund VI was advised by KANTER in the transaction.
In July 2021, Holmströmgruppen and Areim submitted a public takeover bid to the shareholders of Magnolia Bostad. The offer, which was completed in August 2021, values Magnolia Bostad at approximately SEK 2.9 billion. Magnolia Bostad’s shares are listed on Nasdaq Stockholm. KANTER has assisted Magnolia Bostad in connection with the public takeover bid.
Segulah Fund V has divested Semantix International Group AB to TransPerfect Global, Inc., the world’s largest provider of language and technology solutions for global business. Semantix is today the leading provider of language services and solutions in the Nordic region. KANTER represented Segulah in the transaction.
Axel Johnson’s Solar Investment Company AxSol invests in EnergiEngagemang, a leading installer of commercial and large scale solar cell plants. Through the investment AxSol takes a majority stake in the company, thereby further strengthening its position in the commercial segment and in the design and construction of solar parks. AxSol was represented by KANTER in the transaction.
Segulah Fund V has entered into a definitive agreement to sell its interest in Conapto Group Holding AB to Pan-European infrastructure fund Marguerite II. Conapto is a Stockholm-based colocation provider operating two modern data centres and one recovery site. Segulah established the business in September 2018, via the carve-out of the Nordic operations of US-headquartered IT service provider Sungard Availability Services and created an independent Nordic operator. KANTER represented Segulah in the transaction.
Monterro, the leading Nordic growth investor in B2B software companies, has divested Grade, a fast-growing Human Capital Management SaaS company, to Viking Venture. Grade offers a comprehensive SaaS platform for talent management with more than 680,000 users in the Nordics, from mid and large sized private companies to public organizations. KANTER represented Monterro in the transaction.
Genova has entered into an agreement to acquire the property Fuxen 3 in Täby for an underlying property value of SEK 92 million. The closing of the transaction is expected to take place 1 September 2021. Genova was advised by KANTER in the transaction.
Genova has entered into an agreement to acquire the properties Kvarngärdet 63:2-4 in Uppsala for an underlying property value of SEK 97 million. The closing of the transaction is expected to take place 1 September 2021. Genova was advised by KANTER in the transaction.
Segulah Medical Acceleration AB (SMA) has invested in the cancer liquid biopsy and genomic testing company SAGA Diagnostics’ oversubscribed SEK 106 million Series A2 equity financing round. SMA was represented by KANTER in the investment.
Axfood acquires the wholesale business of Bergendahl Food AB and strengthens its presence in the Swedish food retail market. In addition, Axfood and Bergendahls initiate a strategic partnership for the retail chain City Gross, where Axfood acquires a minority stake of 9.9 percent with an option to acquire shares up to an equity stake of 30 percent. Axfood and City Gross also enter into a long-term delivery and cooperation agreement that will strengthen the competitiveness of City Gross. The total consideration amounts to SEK 1.8 billion and in connection with the transaction, Axfood intends to carry out a rights issue of SEK 1.5 billion to maintain a strong financial position and flexibility going forward. Axfood was represented by KANTER in the transaction.
The seller has on May 12th sold a majority shareholding in Lindberg Stenberg Arkitekter to Storskogen. The company carries out architectural business from untouched land to occupancy, specialising in multifamily residentials, urban planning, preschools, student housing, and retirement homes. KANTER has represented the seller in the transaction.
IBS Byggnadsställningar was founded in 1978 and has logistics centers in Oskarshamn, Gothenburg, Norrköping, Linköping, Kalmar, Mönsterås, and Ringhals. The sale to XERVON include all subsidiaries in the IBS Byggnadsställningar group. XERVON is one of Sweden’s largest suppliers of scaffolding and weather protection for projects in construction, infrastructure, and development. KANTER has represented the seller in the transaction.
Francks fortifies their position in Västergötland by acquiring MD Kylcontroll AB. The purchase of Billinge Kyl AB is Francks’ second acquisition in Västergötland in a short time. Along with the purchase of MD Kylcontroll, Billinge Kyl creates a strong platform for further growth in the region. KANTER has represented Francks in the acquisition.
Genova has agreed on the acquisition of the project property Söderhällby 1:9 in Uppsala. Genova’s total investment is estimated at SEK 210 million, before deduction of deferred taxes. Access to the property is planned for August 2021. KANTER has represented Genova in the transaction.
KANTER has assisted Saminvest in the commitment of SEK 125 million to Segulah Medical Accelerator, SMA. SMA will specialize in investments in medical technology with a focus on Sweden, the rest of Scandinavia, and Western Europe. Read more here – https://www.saminvest.se/sv/nyheter/saminvest-investerar-i-segulah-medical-accelerator
Lexplore, a Swedish EdTech company with a unique AI and eye-tracking technology used to assess and develop children’s literacy skills in schools raises €5M in an equity round financing, to accelerate international growth. Lexplore was represented by KANTER in the investment round.
NVBS has acquired Elektrosignal Invest Sthlm AB, operating in critical infrastructure, along with its subsidiaries Elektrosignal Infra Sthlm AB, Infra Produkter Sthlm AB, and Infra El Sthlm AB. KANTER has represented NVBS in the transaction.
Linds Ortopediska is based in Stockholm, with offices in Solna and Södertälje. The offices produce adaptive orthopaedic-technical aids. Linds cooperate with rehabilitation centres and hospitals. KANTER has represented the seller in the transaction.
KANTER has assisted Stronghold Invest in connection with the company leading an investment round in Avy. Avy supports property owners and managers in the rental and tenant-ownership segment in taking advantage of digital opportunities and improving the customer experience.
Genova has agreed on a barter with Nyfosa, where Genova acquires two properties with public services features and with additional building rights in Lund and Haninge for SEK 477 million and divests four commercial properties and one project property for SEK 657 million. Access to the acquired properties is planned for May 31st, 2021. Genova’s acquisition is financed by a combination of loans and equity. The divested properties are planned to be vacated on May 31st, 2021, except for the project property, which will be vacated on November 1st. KANTER has represented Genova in the transaction.
Ratos AB (publ) has transferred 4,430,762 Class B treasury shares to Carnegie Fonder and Nordea Fonder at a price of SEK 44.50 per share. SEB acted as Sole Bookrunner in connection with the transfer. KANTER has acted as legal advisor to Ratos AB (publ) in connection with the transfer.
Idun Industrier AB (publ), a fast-growing acquisition intensive and diversified industrial group, has admitted its shares of class B to trading on Nasdaq First North Growth Market. Idun Industrier AB (publ) was advised by KANTER in the listing.
Genova has entered into agreement on the acquisition of four public services buildings in attractive parts of the Greater Stockholm area, for an underlying property value of SEK 970 million. KANTER has represented Genova in the acquisition.
Impact Coatings AB has carried out a directed share issue of approximately 120 MSEK to a number of Swedish and international institutional investors. KANTER has acted as legal advisor to Impact Coatings.
We are very proud to announce that H.M. the King has appointed our colleague Lena Frånstedt Lofalk as new chief auditor from June 1, 2021. The chief auditor is the legal advisor to H.M. the King and other members of the Royal Family. Lena will continue working as a lawyer and a partner of KANTER Advokatbyrå in parallel with the assignment as chief auditor.
Brandkonsulten Kjell Fallqvist AB is a highly reputable fire consultancy business with offices in Stockholm, Gothenburg, Norrköping, and Umeå. The company is a market leader, actively moving the development of fire consultancy services forward. Brandkonsulten Kjell Fallqvist will be an independent unit within the BST group. The BST group is a portfolio company of IK Investment Partners that is active in the field of sprinkler solutions and fire protection systems and represented in several locations in Sweden. KANTER has represented the seller in the transaction.
KANTER has assisted Novax, Axel Johnson’s arm for investments in small and medium-sized growth companies, in connection with the investment in the health platform OneLab.
Segulah Fund V, together with minority shareholders, have entered into an agreement to fully divest Sandbäckens Invest Group Holding AB to KLAR Partners. Sandbäckens is a leading Swedish provider of heating & sanitation installations as well as sprinkler solutions and fire protection systems. Founded in Linköping in 1993, the Company now has c.800 employees in over 30 operating subsidiaries located across Sweden. KANTER has represented Segulah in the transaction.
Assemblin El increases and strengthens its position in several locations through its acquisitions of J.Östling & C.Sparf El AB (Uppsala), TIS Tervell Installation och Service AB (Karlstad), Åby Eltjänst AB (province of Östergötland) and E A Installationer AB (Trelleborg). Assemblin VS also expands and broadens its business with the acquisition of Vantec System AB, which offers planning and installation of processing equipment within the food processing industry, as well as Essén Rör AB and Kalmar VVS & El-montage AB. Assemblin was advised by KANTER in all transactions.
Alcadon Group has acquired the Danish company 6X International and its German subsidiary 6X International, a leading distributor of fiber and network infrastructure. KANTER represented Alcadon Group in the transaction.
Storskogen has acquired the majority of the shares in Pierre Entreprenad, a leading construction contractor in Gävle. In addition to construction work, the company also performs demolitions and drilling as well as industrial floors. Pierre Entreprenad was founded by Claes Pierre in 1959. KANTER represented the seller of Pierre Entreprenad in the transaction.
KANTER welcomes Tobias Hultén as a new partner on 1 January 2021. Tobias currently works in KANTER’s Corporate / M & A group with both private and public companies. We are very happy to welcome Tobias to our partnership. Tobias is much appreciated by both clients and colleagues, and we look forward to continuing to develop the business together with Tobias. It is always pleasant with new partners but extra much so with an existing colleague, says Per Ugge and Charlotta Poehler, Managing Partners at KANTER.
Knightec acquires the digital agency Daresay. Through the merger, Knightec broadens its range of services and becomes a leading player in service design and digital product and service development. Following the acquisition, the Knightec group will consist of more than 800 employees. Knightec was advised by KANTER in the transaction.
blq closes its first fund at SEK 200,000,000. Among the investors were, inter alia, SEB, Lena Apler, Lars Backsell and Noel Abdayem. blq mainly invests in in early-age start ups focusing on tech and innovation. KANTER represented blq in connection with the establishment of the fund.
Storskogen has become the majority owner of M J Contractor. M J Contractor is a construction company active in the Stockholm region with project in, for example, construction and engineering work. The company was founded in 1993 by Mikael Johansson. KANTER represented the seller of M J Contractor in the transaction.
A directed share issue of 82 MSEK and introduction of an incentive program in Urb-it AB. Urb-it is a Swedish logistics company that offers flexible, fast, personal and environmentally friendly delivery options for consumers and retailers in large cities. KANTER has been the legal adviser to Urb-it both in the share issue and in the introduction of the incentive program.
FirstVet has closed another investment round where the company has raised around €29.5 million to support its launch in the US. The financing round was led by Mubadala Capital, with participation from Cathay Innovation alongside existing backers, OMERS Ventures and Creandum. FirstVet is a digital veterinary clinic which offers on-demand video consultations through its mobile app from local, qualified veterinarians. FirstVet was represented by KANTER.
Francks strengthens its position in the Värmland region through the acquisition of Gårdfeldts Kyl and in Katrineholm and the surrounding area through the acquisition of Mats Servicepartner. The current owners of Gårdfeldts Kyl and Mats Servicepartner, respectively, will remain in the business and in the Francks Group. KANTER represented Francks Kylindustri in the acquisitions.
Segulah Fund V has entered into an agreement to partner with Multisoft’s founders to develop and support the company in its next growth phase. Segulah will acquire a majority shareholding while the founders will retain a significant shareholding and remain in their respective operational roles. KANTER represented Segulah in the acquisition.
TAM Retail has entered into an agreement with Arwidsro to divest the development property Akka 4 in Skurup. The closing of the transaction is expected to take place in the latter part of 2021. TAM Retail was advised by KANTER in the transaction.
Storskogen has, through its subsidiary Södra Infragruppen Sverige AB, acquired the majority of the shares in Nordic Drilling System i Gävle AB (”NDS”). NDS is specialised in controlled drilling. KANTER represented the owners of NDS in the transaction.
RIBA is a leading player within technical management and projects in the Stockholm area with a yearly turnover of close to SEK 200 million and around fifty employees. KANTER represented Newsec in the transaction.
SDCL Energy Efficiency Income Trust plc, SEEIT, has acquired Gasnätet Stockholm AB and Stockholm Gas AB from iCON Infrastructure through a wholly owned subsidiary. Gasnätet Stockholm AB owns the gas distribution network in the Stockholm area and Stockholm Gas AB is active in gas trading. KANTER represented SEEIT in the transaction.
Agile Content S.A. has announced a public offer to the shareholders of Edgeware AB. The offer values Edgeware AB to approximately SEK 291 million. Edgeware AB’s shares are listed on Nasdaq Stockholm. KANTER acted as counsel to Edgeware AB in connection with the public offer.
Genova Property Group has entered into an agreement to acquire two properties in Knivsta for an underlying property value of SEK 246 million. The closing of the transaction is expected to take place in December 2020. Genova Property Group was advised by KANTER in the transaction.
Genova Property Group has acquired the development property Danmarks-Kumla 8:31 in Uppsala. Genova’s total investment upon completion amounts to SEK 275 million. Genova Property Group was advised by KANTER in the transaction.
Zenith Venture Capital I AB (publ) (“Zenith”) has resolved to issue profit participation loans up to an amount of SEK 249,834,004, and publish the prospectus relating to the issuance of profit participation loans. Zenith’s profit participation loans are listed at Nordic Growth Market. KANTER has acted as advisor to Zenith in connection with the issuance of the profit participation loans.
ECIT AS has announced a public offer to the shareholders of Modern Ekonomi Sverige Holding AB (publ) (“Modern Ekonomi”). The offer values Modern Ekonomi to approximately SEK 57.6 million. Modern Ekonomi’s shares are listed on Nasdaq First North Growth Market. KANTER acted as counsel to ECIT in connection with the public offer.
London based investor Frog Capital and Bonnier Ventures, Bonnier’s arm for investments in fast-growing digital companies, have co-led a Series B investment round in a total of SEK 157 million in Winningtemp, a fast-growing HR SaaS scaleup based on an AI-based platform. Frog Capital and Bonnier Ventures were represented by KANTER in the investment.
IT-Total has acquired Devinix and thereby strengthens its position within secure IT infrastructure. Devinix’ founder becomes a shareholder in IT-Total as part of the transaction. KANTER represented IT-Total in the transaction.
Assemblin has acquired Luftkompaniet Sjöblom AB, a ventilation company with annual sales of approximately SEK 80 million. Luftkompaniet will supplement Assemblin’s ventilation operations in the Stockholm region. KANTER represented Assemblin in the transaction.
Francks Kylindustri in Helsingborg has acquired Teo-Kyl and thereby strengthens its position in the Skåne region. The current owner of Teo-Kyl will remain in the business. KANTER represented Francks Kylindustri in the transaction.
IT-Total has acquired EnvokeIT and thereby strenghens its position within cloud services and digital workspace. EnvokeIT’s current owners will remain in the business and become shareholders in IT-Total. KANTER represented IT-Total in the transaction.
Aktiebolaget Segulah has acquired 100% of the shares in Rörinspektion i Karlstad AB, a company mainly focused on relining and renovation of sewer systems. Aktiebolaget Segulah was represented by KANTER in the transaction.
Lazarus Industriförvaltning AB has acquired Andersson & Hansson Automation Aktiebolag. Andersson & Hansson Automation is a reliable technology company with 70 years’ experience in the industry whose experienced and dedicated specialists guides customers through complex projects and deliver system solutions within the fields of automation and service. KANTER represented Lazarus Industriförvaltning in the transaction.
Assemblin VS AB has acquired Botkyrka VVS & Fastighetsservice AB, ELIN i Stockholm AB and SDC Stockholm Design & Construction AB, with annual sales of approximately SEK 125 million and 42 employees in total. The companies are specialised within RCE, often on common projects and service assignments. KANTER represented Assemblin VS in the transaction.
Segulah Fund V, together with the minority owners of Sandbäckens, has signed an agreement to divest a minority stake in Sandbäckens and thereby bring in Bragnum Invest as a minority partner. Following the transaction, Segulah Fund V will retain the majority of the shares in the Company. Segulah Fund V was advised by KANTER on the transaction.
Luxembourg-based company Swedish District Heating 1 S.á r.l, a subsidiary to Asper Investment Management, has divested all common shares in Vasa Värme Holding AB to Solör Bioenergi Fjärrvärme AB. KANTER represented the seller in the transaction. The Vasa Värme Group consists of six district heating power plants located across Sweden and yearly delivers around 140 GWh to approximately 1 000 customers in Sweden.
Aktiebolaget Segulah has acquired 100% of the shares in JP Relining AB, a company mainly focused on relining and renovation of sewer systems. Aktiebolaget Segulah was represented by KANTER in the transaction.
KANTER Advokatbyrå‘s team consisted of Victoria Skoglund, Ebba Olsson Werkell and Alexander Grägg.
Link to press release: https://lnkd.in/eQGTheMW