ServiceMaster, a company listed on the New York Stock Exchange and a leading provider of pest control, restoration and cleaning services to residential and commercial customers, has acquired Nomor Holding AB, a Stockholm-based pest control company with operations in Sweden and Norway. Nomor is the fourth largest pest control company in Europe. The acquisition provides ServiceMaster a strong platform for growth in the highly-fragmented European pest c...
Keep readingClas Ohlson AB (publ) launches the new concept “Clas Fix it”. With Clas Fix it, Clas Ohlson’s customers can get help with tasks that are too small to bring in traditional help, but a little too difficult or tough for customers to fix on their own. Clas Fix it will be developed by Clas Ohlson in partnership with Pegital Investment AB, which also develops and co-owns other service companies such as Veteranpoolen, HomeMaid, Fortner and IT-Hantverkarna....
Keep readingKarlsnäs Capital AB has on 29 June 2018 divested all of its shares in Trioplast Industrier AB, one of the leading European manufacturers of sustainable packaging solutions based on polyethylene film, to a wholly-owned subsidiary of Altor Fund IV. Triopla...
Sandvik’s business area Sandvik Materials Technology has agreed to divest its stainless steel wire business to Zapp Group, a German family-owned leading supplier of advanced metal products. The divested business includes the production unit in Sandviken,...
KPMG has divested its division for accounting and payroll services to IK VIII Fund. The divested business division, which has approximately 300 employees located at different offices in Sweden, will be integrated with Aspia, a portfolio company of IK VII...
Preem has invested in Lignolproduktion AB, a joint venture company to be held by Preem and RenFuel, and enters into a partnership with RenFuel regarding the establishment of an extraction plant for the production of Lignol, which is produced from lignin,...
The ICA Group, through ICA Sverige, has entered into a cooperation agreement with the UK-based company Ocado Group PLC and will use Ocado's e-commerce platform and technology for highly automated e-commerce warehouse solutions. The agreement will serve t...
Northvolt AB kicked off the construction of Northvolt Labs on 27 April 2018. Northvolt Labs, which will be located in Västerås, Sweden, will be a cutting edge scale-up line and research facility to be used for development, testing and industrialization o...
Fortum, Jämtkraft, Mälarenergi, Skellefteå Kraft, Statkraft, Tekniska verken i Linköping, Uniper and Vattenfall, together representing 95 procent av the Swedish hydropower industry, have agreed to establish a jointly owned company, Vattenkraftens Miljöfo...
Kaunis Iron took over the mine in Tapulivuoma near Kaunisvaara in Pajala municipality, previously held by Northland Resources, in 2017. The mining production is expected to restart during the summer of 2018, and certain elements of the operations will be...
Defence and security company SAAB acquires the Swedish combat boat producer Dockstavarvet and the repair shipyard Muskövarvet. Dockstavarvet is a leading producer of aluminium boats for military and non-military applications and Muskövarvet is a full-ser...
Clas Ohlson AB (publ) has signed a strategic collaboration agreement with MatHem i Sverige AB, Sweden's largest online grocery shop and a leading actor in e-commerce. The strategic collaboration entails, inter alia, that Clas Ohlson's customers will be a...
The Swedish state (through the National Negotiation on Housing and Infrastructure), the Stockholm County Council and the municipalities of Stockholm, Solna, Huddinge, Täby, Vallentuna and Österåker have on 21 April 2017 entered into an agreement for a su...
Göteborgs Spårvägar has entered into an agreement with a consortium consisting of Bombardier Transportation and Vossloh Kiepe for the purchase and delivery of 40 trams together with documentation, training, spare parts and equipment etc. In addition to t...
Stockholm County Council has, through Stockholm Public Transport (“SL”), awarded Stadler Bussnang AG an agreement to deliver new vehicles to Roslagsbanan. The agreement covers a total of 67 new vehicles, 22 vehicles in the initial order and 45 vehicles a...
Diaverum is one of the world's leading renal care providers. Originally founded in Sweden, today it has 9,000 employees, caring for close to 30,000 patients in 20 countries in Europe, Latin America, Middle East/Asia and Australia. Jiangsu Yueda Group Co....
IKEA Industry has signed an agreement to divest IKEA Industry Latvia and 50 % of Incukalns Timber to Rettenmeier Baltic. IKEA Industry Latvia owns and operates a saw mill in Latvia and Incukalns Timber supplies the saw mill with logs. IKEA Industry was a...
Mannheimer Swartling has advised Inwido AB (publ) in connection with its subsidiary Inwido Finland Oy’s signing of an agreement to acquire approximately 83% of the shares in the Finnish window and door company Värmelux Oy from CapMan and certain other sh...
Travelstart, Africa’s largest online platform for booking flights, hotels and rental cars, has secured $40 million in funding from MTN and Amadeus Capital Partners. Travelstart was founded in Sweden in 1999 and the African part of the business was spun o...
Stockholm Transport (SL) has entered into an agreement with Jernhusen AB (publ) pursuant to which Jernhusen has been assigned the responsibility to acquire land, plan, build, operate, maintain and finance a new depot for commuter rail services in Stockhol...
Spar Nord A/S has agreed to divest its Swedish leasing activities to PICAN AB. The transaction comprises leasing commitments at an approximate total value of SEK 450 million. Spar Nord was founded in 1824 and is today one of Denmark’s major banks. PICAN A...
LKAB is being advised by Mannheimer Swartling in connection with the urban transformation of Kiruna and Malmberget in northern Sweden. LKAB, which is wholly owned by the Swedish state, extracts and processes iron ore for the global steel market. The Group...
AB Transitio has signed framework agreements with Construcciones Y Auxiliar De Ferrocarriles (CAF), Bombardier Transportation Sweden AB (Bombardier) and Stadler Bussnang AG (Stadler) under which CAF, Bombardier and Stadler are pre-selected as suppliers of...
Scandic Hotels has agreed to acquire the Norwegian hotel chain Rica Hotels. Upon completion of the acquisition, Scandic will have a nationwide presence in Norway. The transaction is subject to customary regulatory approvals.Scandic is one of the largest h...
Members of a consortium consisting of Norrskenet AB, Folksam, Metso and PEAB have decided to invest a total of USD 100 million, or USD 25 million each, in bonds which will be issued by Northland Resources AB (publ).Norrskenet AB is jointly owned by Luossa...
Stockholm County Council has, through Stockholm Public Transport (“SL”), awarded the Bombardier Group an agreement to deliver new trains to the Stockholm metro. The agreement covers a total of 176 new vehicles, 96 vehicles in the initial order and 80 vehi...
Sandvik has entered into a five year outsourcing agreement with Capgemini for parts of Sandvik’s transactional finance and accounting processes. The agreement is in line with Sandvik’s strategy to simplify processes and leverage group synergies and global...
Sandvik has entered into a five year strategic outsourcing agreement valued at approximately SEK 2 billion with IBM. Through the agreement, Sandvik will outsource a significant part of its global IT infrastructure services, including data center and workp...
Trelleborg and Freudenberg have agreed to form a joint venture to produce antivibration solutions for light and heavy vehicles. At year-end 2010, the total annual sales of the entities that are to form the joint venture were estimated at EUR 1.2 billion,...
The Stockholm Public Transport Authority (Sw. Stockholms Lokaltrafik, “SL”) has awarded the international transport group Arriva two contracts valued at approximately SEK 16 billion over the full contract term. The contracts cover the operation of t...
The Royal Bank of Scotland plc (“RBS”) has completed a refinancing and acquired all the shares in the shopping mall company Centeni AB (former Boultbee Group Stockholm) on 6 May 2011. RBS is now the sole owner of the Centeni group.RBS was advised by Mannh...
Bankernas Automatbolag has entered into a seven-year outsourcing agreement with EDB ErgoGroup. The agreement, valued at close to SEK 1 billion, entails that Bankernas Automatbolag will purchase ATM services from EDB ErgoGroup for the operation of approxim...
Gothia Vind has established the joint venture company Gothia Vind JD with Green Power Development Holding, a Dutch investment fund, to develop eleven wind power sites in Sweden. The wind power sites will encompass approximately 100 turbines with a project...
Sveaskog and Smurfit Kappa have entered into an agreement whereby Sveaskog will deliver about 2 million cubic meters of pulpwood to the Smurfit Kappa plant in Piteå, Sweden. The agreement is worth more than SEK 1 billion annually.Sveaskog is Sweden's larg...
Stockholm Public Transport (SL) has commissioned EuroMaint Rail to refurbish rolling stock currently in service on the Roslagsbanan line. The assignment, covering 101 carriages and running over 4 years, is estimated to be worth around SEK 400 million.SL w...
Mannheimer Swartling has advised Deutsche Bahn subsidiary DB Regio in connection with public tenders to deliver railway operations and maintenance services for the Östgötapendeln and Norrtågstrafiken railway lines in Sweden.Traffic-start on the Östgötapen...
Mannheimer Swartling has advised the Electrolux Group in relation to a global outsourcing of application management and development services. The assignment was awarded to Accenture and covers development and management for applications including SAP, Cog...
Mannheimer Swartling has assisted ÅF AB in its divestiture of ÅF-Kontroll to the German Dekra Group. Based on an Enterprise Value of 610 million SEK, Dekra paid 550 million for the shares in ÅF-Kontroll. ÅF-Kontroll offers third-party technical inspection...
Mannheimer Swartling has advised Derba Midroc Cement in connection with the procurement of trucks and trailers from the Volvo Truck Corporation for a large scale cement factory in Ethiopia. The agreement also includes transport competence development and...