The Sixth Swedish National Pension Fund divests Götaverken Miljö AB
Mannheimer Swartling has assisted The Sixth Swedish National Pension Fund in connection with the divesture of Götaverken Miljö AB to Babcock & Wilcox Vølund A/S.
Götaverken Miljö AB, having its origin in shipyard and boiler manufacturer Götaverken, provides solutions within flue gas cleaning and energy recovery applications for household, industrial, and hazardous waste incinerators. Babcock & Wilcox Vølund, a subsidiary of Babcock & Wilcox Power Generation Group. Inc., is one of the world's leading suppliers of equipment and technologies designed to convert household waste and bio-fuels into thermal energy. Babcock & Wilcox Power Generation Group, Inc. is a subsidiary of The Babcock & Wilcox Company, a McDermott International, Inc. company [NYSE: MDR].
Mannheimer Swartling's team was led by Clas Nyberg and included Emma Olnäs Fors, Pontus Danielson and Isabel Frensborg.