February 2, 2009 - Assignment

Ratos majority owner of DIAB

Ratos AB (publ) has been advised by Mannheimer Swartling in connection with an agreement to acquire up to an additional 48 % of the shares in its associate DIAB Group AB. The seller, 3i Holdings plc, is divesting its entire holding of 48 % of the shares in DIAB to Ratos and the company’s minority owners. Depending on the size of the offering subscribed by minority owners, Ratos’s holding in DIAB will amount to a total of between 91 and 96 % of the shares. The transaction value is appr. 400 MSEK.

DIAB is a world-leading company that manufactures and develops core materials for composite structures. Key applications include blades for wind turbines, hulls and decks for boats, and components for aircraft, trains, buses and rockets. The material has a unique combination of characteristics such as low weight, high strength, insulation properties and chemical resistance. The acquisition is subject to approval from the relevant competition authorities.

The responsible partner was Martin Ericsson, who was assisted by Andreas Elving, Victoria Bagger-Sjöbäck and Anja Kögel. Eva Hägg was the responsible partner for capital markets advice. Stefan Perván Lindeborg and Jens Agö were responsible for competition law advice.