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.