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.