Accent Equity divests Motum AB
Accent Equity 2012 L.P. and minority shareholders have entered into an agreement to divest all of their shares in Motum AB to Mitsubishi Electric Corporation.
Motum is one of the leading providers of modernisation, new installation and service of elevators in the Nordics. With over 300 employees and a turnover of approximately MSEK 750, Motum is the largest independent elevator and automatic door service company in Sweden.
The transaction is conditioned upon merger clearance and is expected to close during Q2 2022.
Accent Equity is advised by Mannheimer Swartling in connection with the transaction.