September 9, 2010 - Assignment

Bong Ljungdahl merges with Hamelin’s envelope division

Bong Ljungdahl AB (publ) is acquiring Hamelin’s envelope division in a transaction that includes a cash portion, an issue of new shares and convertible bonds to Hamelin, as well as a vendor loan. Following the completion of the transaction, Hamelin will own shares corresponding to 24,9 % of the share capital in Bong Ljungdahl.

Bong Ljungdahl, a leading European provider of specialised packaging and envelope products, has a turnover of approximately SEK 2 billion and about 1,200 employees in 12 countries. The company’s share is listed on NASDAQ OMX Stockholm. Hamelin’s envelope division, with a turnover of approximately EUR 170 million and about 1,200 employees, is part of the French Hamelin Group, the leading European stationery manufacturer with a turnover of EUR 700 million and 4,000 employees.

Bong Ljungdahl was advised by Mannheimer Swartling. The firm’s team was led by Johnny Andersson assisted by Örjan Bengtsson, Emma Sandberg Thomsen, Yvonne Ivarsson, Nelli Schiebeler and Aleksander Ivarsson. Zoran Stambolovski advised on financing and was assisted by Susanne Forsberg.