January 18, 2017 - Assignment

Altor AB announces a recommended public cash offer to the shareholders of Transcom

Altor AB, jointly owned by Altor Fund IV (No. 1) AB and Altor Fund IV (No. 2) AB (together ”Altor Fund IV”), managed by Altor Fund Manager AB, has announced a recommended public cash offer to the shareholders of Transcom WorldWide AB. The total value of the offer amounts to approximately SEK 2,3 billion.

Altor Fund IV is a buyout-fund with a committed capital of EUR 2 billion and an investment focus on mid-sized companies on the Nordic market.

Transcom, whose ordinary shares are listed on Nasdaq Stockholm, is a global customer experience specialist, providing customer care, sales, technical support and collections services. Transcom has approximately 29,000 employees across 20 countries, delivering services in 33 languages to international brands in various industry verticals, from 52 contact centres.

Altor AB is being advised by Mannheimer Swartling in connection with the offer.