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.