Mannheimer Swartling assists JP Morgan in connection with Geberit’s SEK 9.7 billion public offer for Sanitec
On 14 October 2014, Geberit announced an all-cash SEK 9.7 billion public offer for Sanitec, a company listed on Nasdaq Stockholm. JP Morgan is acting as financial advisor to Geberit in connection with the transaction and providing debt financing for the offer.
Geberit is the European leader in the sanitary technology sector with a broad and comprehensive product portfolio. Sanitec is a leading manufacturer and supplier of bathroom ceramics products and ceramics complementary products, with particularly attractive product offering in the medium-to high-end markets.
JP Morgan, in its capacity as financial advisor and lender, is being advised by Mannheimer Swartling as to matters of Swedish law. The firm’s team is led by Daniel Karlsson (Banking and Finance) and Patrik Marcelius (Public M&A), assisted by Daniel Khayyami.