All Posts By

Cathrine Modig

HEXAGON ACQUIRES INFOR’S EAM BUSINESS AND FORMS A BROADER STRATEGIC RELATIONSHIP WITH INFOR AND KOCH

Hexagon AB, a global leader in digital reality solutions listed on Nasdaq Stockholm, has entered into an agreement to acquire Infor’s global EAM (enterprise asset management) business, for approximately 2,750 MUSD, of which 800 MUSD in cash and the remaining part through payment with 132.6 million series B shares in Hexagon AB. The terms of the agreement include establishing a deeper commercial relationship between Hexagon and Infor as well as Hexagon and Koch Equity Development, both subsidiaries of Koch Industries, Inc. Hexagon gains a best-in-class, SaaS-based asset management solution – Infor EAM – which is used to track assets, digitalise maintenance operations and enable customers in nearly any industry to reach optimum operational efficiency. Completion of the transaction is subject to regulatory approvals and other customary conditions, etc., which are expected to be fully completed during the fourth quarter 2021. For more information, see www.hexagon.com.

HWF Advokater has advised Hexagon on the Swedish law aspects in connection with the acquisition.

Melker Schörling AB increases its holding in Anticimex

Anticimex is a leading pest control specialist with over 4,500 employees in 17 countries and an enterprise value of SEK 60 billion. For more information, see https://www.anticimex.com/.

Through the transaction, where the selling party is the EQT VI fund, Melker Schörling AB increased its holding in Anticimex from approximately 10 per cent to approximately 20 per cent. The investment is made together with EQT, who will be the largest owner, GIC, AMF, Interogo Holding Long‑Term Equity and Alecta among others.

HWF Advokater has advised Melker Schörling AB in connection with the investment.

AVENTURA GROUP AB IS LISTED ON NASDAQ FIRST NORTH GROWTH MARKET

Aventura is a China focused brand and e-commerce accelerator offering an integrated operational platform for starting, managing and assisting international brands to drive their growth in China, which includes capabilities within marketing & branding, e-commerce operations and logistics. For more information, see www.aventura.group.

Aventura Group AB was listed on Nasdaq First North Growth Market on 14 June 2021.

HWF Advokater has advised Aventura in connection with the IPO and listing on Nasdaq First North Growth Market.

2020: Latvian Forest Company acquired Latfolde

When we sum up 2020, we are happy and proud of the trust placed in us to represent the buyer side in the captioned transaction.

Latvian Forest Company AB (publ) acquired during autumn 2020 from a group of private investors all of the shares in Latfolde AB at a purchase price of 2,050,000 euro. The acquisition included Latfolde AB’s Latvian subsidiary Latfolde One SIA with assets consisting of 961 hectares of land in Latvia. The total acquired timber stock is estimated to approximately 105,000 cubic meters.

Latvian Forest Company AB is a Swedish listed company that acquires, sells and conducts forestry on favourably valued forest in Latvia. The three main foundations of the business are, in addition to forest being a sought-after real asset growing on its own, an expected increase in the price levels of Latvian forest and agricultural properties, to create value through active forest management and to create value by building a larger real estate portfolio. The Company’s B-share is traded on Spotlight Stock Market.

Latvian Forest Company was advised by HWF Advokater in the transaction.

2020: Beneli AB was acquired by Volati Tryck Holding AB

When we sum up 2020, we are happy and proud of the trust placed in us to represent the seller side in the captioned transaction.

Beneli AB in Helsingborg was founded in 1991. The company develops, manufactures and sells self-adhesive labels for both groceries and industrial products. The company also has a unique position with regards to medical technology labels that are attached to the skin for monitoring and diagnosis within the healthcare sector. The 2019 revenue was SEK 156 million and the company has approximately 60 employees.

Volati is a Swedish industrial group founded in 2003. The group has operations in 16 countries, over 2,000 employees and an annual turnover of approximately SEK 7 billion. The acquisition was a supplementary acquisition to the Industry business area and the Ettiketto business unit.

Beneli’s owners were advised by HWF Advokater in the transaction and Livingstone acted as financial advisor.

Ortoma AB (publ) makes a directed share issue

Ortoma AB (publ) makes a directed share issue of a total of 1 801 898 B-shares. Through the directed issue approximately 39,6 MSEK is invested in Ortoma before transaction related costs. The subscribers are a group of professional investors. 

Ortoma was advised by HWF Advokater in connection with the directed share issue.

CWS ACQUIRES CLEAN STEP AB

CWS Group, a complete service provider in the solution areas Hygiene, Workwear and Fire Safety, announced the acquisition of 100% of the shares of Clean Step AB. Clean Step is a supplier of dust control mats and related services.

HWF Advokater advised the sellers in the transaction.