Snellman advised SpectrumOne AB, a global MarTech technology company focused on advanced platforms for data management, analytics and communications and listed on Nasdaq First North Growth Market, on its divestments of 15.4 percent of all shares and votes in Eniro Group AB, a company listed on Nasdaq Stockholm, to Azerion Group N.V., one of Europe’s largest platforms for digital advertising and entertainment and listed on Euronext Amsterdam. The purchase price consists of a mix of cash and Azerion shares. SpectrumOne’s divestment was made in connection with Eniro and Azerion entering into a joint strategic collaboration and in parallel with a divestment of 10.1 percent of all shares and votes in Eniro Group AB by B.O. Intressenter AB to Azerion. The total value of the divestments to Azerion amounted to SEK 171 million.

Snellman’s core advisory team comprised Mattias Friberg and Emma Greiff.