Inwido increases stake in Danish subsidiary
Mannheimer Swartling has advised Inwido AB in connection with the acquisition of 30% of the shares in Inwido Danmark A/S from the company's former president. Following the acquisition, Inwido AB holds 95% of the shares in Inwido Danmark A/S.
Inwido, a leading Swedish window and exterior door manufacturer, has since 2004 been owned by Ratos, a private equity company listed on NASDAQ OMX. Through over 30 add-on acquisitions, Inwido has built a strong market position in Finland, Denmark and Norway. Operations are also conducted in the UK, Ireland, Poland and Russia. The Inwido group had revenues in 2008 of approximately SEK 5.6 billion and 3,430 employees.
Mannheimer Swartling´s partner Lars Kongstad handled the matter, primarily assisted by Lucas Jonsson.