Snellman acted as counsel to JM AB (publ), the leading residential project developer in the Nordic region, in its divestment of its remaining contracting operations. The divested business currently comprises approximately 120 employees and has annual revenue of around SEK 500 million.
Completion of the transaction is planned to take place during the first quarter of 2026.
Snellman’s advisory team includes Claes Kjellberg, Isabelle Vinterskog, Ulrika Wigart and Adrian Bäck (Private M&A), Philip Thorell and Ajda Hasanovic (Competition, Procurement & Regulatory), and Josephine Gjerstad Medina (Employment).