November 24, 2017 - Assignment

Schörling & Partners AB has announced a public cash offer to the shareholders of Melker Schörling AB

Schörling & Partners AB, jointly owned by Melker Schörling Tjänste AB, Stefan Persson, UIE Malta Holding Ltd. and Mikael Ekdahl AB, has on 14 November 2017 announced a public cash offer to the shareholders of Melker Schörling AB ("MSAB"). The total value of the offer amounts to approximately SEK 5 billion and the offer represents a value of MSAB of approximately SEK 67,7 billion. The offer is a result of an altered situation in MSAB, with Melker Schörling having left his operational position in the company. At the time of the offer, Schörling & Partners' holding in MSAB amounted to 92.6 percent of all shares and votes.

MSAB, whose shares are listed on Nasdaq Stockholm (Large Cap), is an active and long-term holding company which was founded in 1999 by Melker Schörling. MSAB's portfolio companies have a clear strategy and focus and a strong potential to further development. Today, the larger companies belong to the world-leading within each of their operation area. MSAB's holdings consist of six listed companies, Hexagon, HEXPOL, AAK, ASSA ABLOY, Securitas and Loomis. MSAB's largest holding is Hexagon where the company owns 26 percent of the capital and 47 percent of the votes.

Schörling & Partners AB is being advised by Mannheimer Swartling in connection with the offer.