Alexander is a senior associate in the Stockholm office, mainly focusing on private equity and private M&A. He is regularly involved in acquisitions, divestments, leveraged buyouts, add-ons, mergers and equity financing rounds, representing both private equity and industrial clients. He has also been engaged in several real estate transactions.
In addition, Alexander advises clients on general corporate and commercial law matters.
Snellman counsel to SEB Private Equity in the acquisition of Talurit Aktiebolag
Snellman acted as counsel to SEB Private Equity in the acquisition of Talurit Aktiebolag (“Talurit”), a global market leader in mechanical splicing systems for wire rope. Talurit operates offices in Sweden, the UK, Germany, the U.S., China, and Singapore, with a global sales reach.
Snellman’s core advisory team included Mikael Klang, Alexander Lindqvist, Carl Tengblad, Nadine Lågland and Adrian Bäck (M&A), Josephine Gjerstad Medina and Nellie Jönsson (Employment), Nicolas Günthardt (IP/Tech) and Angelica Berntsson (Real Assets).
Snellman counsel to Vitec in the acquisition of Taxiteknik Nordic AB
Snellman acted as counsel to Vitec in the acquisition of a majority of the shares in the Swedish software company Taxiteknik Nordic AB. Taxiteknik develops and delivers a complete business system for taxi companies, with functionality for traffic management, a driver app, and a booking app.
Snellman’s advisory team included Claes Kjellberg, Alexander Lindqvist, Tanja Schnitt, Aykut Yucel and Carl Tengblad (Private M&A), Lisa Pålsson (Employment), Lars Lundgren (Regulatory), and Sara Domeij (IP/Tech).
Snellman Counsel to Vitec Software Group AB (publ) in the Acquisition of Bidtheatre AB
Snellman acted as counsel to Vitec Software Group AB (publ) in the acquisition of Bidtheatre AB, a Swedish SaaS company that develops and delivers a Demand Side Platform (DSP) for programmatic advertising, offering advanced audience targeting across various digital channels.
Snellman’s core advisory team included Claes Kjellberg, Alexander Lindqvist, Tanja Schnitt and Aykut Aslan Yucel (Private M&A).
Snellman Counsel to Teser Group AB in the Acquisition of Godsmak Sweden AB
Snellman acted as counsel to Teser Group AB, a portfolio company of SEB Private Equity, in the acquisition of Godsmak Sweden AB. Godsmak Sweden AB specializes in food delivery directly to small and large companies and offices in the Stockholm area.
Snellman’s core advisory team comprised Mikael Klang, Alexander Lindqvist, Carl Tengblad, Adrian Bäck (M&A), Josephine Gjerstad Medina, Nellie Jönsson (Employment), and Louise Nordback (IP/Tech).
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Snellman Counsel to Sandbäckens in the Acquisition of City Eltjänst
Snellman acted as counsel to Sandbäckens in the acquisition of City Eltjänst Sthlm AB, a company specialised in electrical installations. The acquisition is part of Sandbäcken’s strategy for continued growth within the electricity segment.
Snellman’s core advisory team comprised Claes Kjellberg, Miklos Kovacs Kal, Alexander Lindqvist, and Klara Hasselberg (Private M&A).
Snellman Acted as Counsel to Magnet Forensics, Backed by Thoma Bravo, in the Acquisition of Griffeye
Snellman acted as counsel to Magnet Forensics, backed by Thoma Bravo, in the acquisition of Griffeye from Safer Society Group.
Griffeye, based in Gothenburg, Sweden, and founded in 2015, is a leader in digital media forensics for child sexual abuse investigations.
Magnet Forensics is a developer of digital investigation solutions that acquire, analyze, report on, and manage evidence from digital sources, including mobile devices, computers, IoT devices and cloud services. Magnet Forensics is backed by Thoma Bravo, one of the largest software investors in the world.
Snellman’s team was led by Claes Kjellberg and Douglas Essehorn (Private M&A), and it also included Alexander Lindqvist, Nadine Lågland, Anna Nordin Pettersson, and Ulrika Wigart (Private M&A), Carolina Wahlby and Rezan Akkurt (Finance), Caroline Sundberg, Sara Heikfolk, and Louise Nordback (IP & Technology), Jenny Lundberg (Employment), Peter Forsberg and Lars Lundgren (Competition), and Andreas Wingren (Real Assets).
Snellman Counsel to SEB Private Equity in Its Divestment of VaccinDirekt
Snellman acted as counsel to SEB Private Equity, minority shareholders and management in the divestment of VaccinDirekt, the largest retail vaccination provider in the Nordics with over 50 walk-in and mobile vaccination clinics in Sweden and Finland, to the Nordic investment company Impilo.
Snellman’s core advisory team on the divestment comprised Mikael Klang, Astrid Trolle Adams, Annika Schauman, Jonas Sjöberg, Alexander Lindqvist, Emma Andersson, Santeri Jääskeläinen, and Emma Johari, (Private M&A), Sara Heikfolk and Louise Nordback (IP & Tech), Angelica Berntsson (Real Estate), Jenny Lundberg and Jens Rönneholm (leave of absence) (Employment), and Elisa Viiri, Oscar Bengtsson, and Amanda Alexandersson (Finance).
Snellman’s core advisory team on management’s reinvestment comprised Miklos Kovacs Kal and Douglas Essehorn (Private M&A).
Snellman Counsel to Blåsjön Kraft AB in the Sale of Blåsjön Nät AB
Snellman acted as counsel to Blåsjön Kraft AB in the sale of Blåsjön Nät AB, a Swedish electricity distribution system operator, for approximately GBP 7 million to Downing Renewables & Infrastructure Trust (DORE) [LON:DORE], a closed-end investment trust with a portfolio of renewable energy and infrastructure assets in the UK and Northern Europe.
Blåsjön Nät delivers 16 –18 GWh per annum of electricity to approximately 1,500 customers.
Snellman’s advisory team comprised Richard Åkerman, Astrid Trolle Adams, Alexander Lindqvist, and Emma Johari (Private M&A)
Snellman Counsel to Tokmanni in its Acquisition of Dollarstore
Snellman acted as counsel to Tokmanni in its acquisition of Dollarstore, one of the leading Swedish discount retail chains.
Dollarstore is one of the largest discount retailers in Sweden, operating through approx. 130 stores across Sweden and two stores in Denmark. Dollarstore’s revenue totalled approximately EUR 394 million for the financial year ending on 31 January 2023.
Tokmanni is Finland’s leading variety discount retailer, with a revenue of EUR 1,168 million in 2020. Tokmanni’s shares are listed on Nasdaq Helsinki.
Snellman’s cross-border team included Claes Kjellberg, Douglas Essehorn, Alexander Lindqvist, Tanja Schnitt, and Carl Tengblad (Private M&A), Mikael Stabo, Abiram Soma, and Angelica Bengtsson (Real Assets), Antti Kuha, Annemari Rosi, and Julius Lempiäinen (Public M&A), Elisabeth Vestin and Olof Östman (IP & Technology), Carolina Wahlby, Rezan Akkurt, and Sofia Granberg (Finance), and Peter Forsberg, Philip Thorell, and Sarah Ek (Competition & Procurement).
Snellman Swedish Counsel to Intersections, LLC in the Acquisition of OVPN Integritet AB
Snellman acted, together with Buhler, Duggal & Henry LLP, as Swedish counsel to Intersections, LLC (part of the Pango Group) in the acquisition of OVPN Integritet AB from Foliehatt AB and Rehn Studios AB. OVPN Integritet AB specialises in providing VPN services to individuals and companies.
Snellman’s core advisory team comprised Mikael Klang, Astrid Trolle Adams, Alexander Lindqvist, and Ulrika Wigart (Private M&A), Olof Östman (IP & Tech), and Jenny Lundberg (Employment).
Snellman Counsel to Mecenat Aktiebolag, a Portfolio Company of IK Partners, in the Acquisition of PFG Media AB
Snellman acted as counsel to Mecenat Aktiebolag (“Mecenat”), a portfolio company of IK Partners, in the acquisition of PFG Media AB, the owner of TraineeGuiden and TraineeDagen, Sweden’s leading player in the mediation of trainee services.
Mecenat is a leading marketing technology company which promotes unique discounts to its community of students and young professionals.
For further information, please refer to Mecenat’s press release here.
Snellman’s core advisory team comprised Miklos Kovacs Kal, Alexander Lindqvist, Emma Johari (Private M&A), Olof Östman (IP & Tech) and Jens Rönneholm (Employment).
Snellman Counsel to the Power Group in Establishing Its Partnership with MediaMarktSaturn
Snellman acted as counsel to the Northern European electronics retailer Power International AS and its subsidiary Power Retail Sweden AB (the “Power Group”), in its acquisition of MediaMarkt Sweden, Europe’s leading retailer of home electronics, and thereby in the establishment of the new partnership between the Power Group and MediaMarkt.
Snellman’s core team included Richard Åkerman, Miklos Kovacs Kal, Nicolina Hultgren Farsani, Tanja Schnitt and Alexander Lindqvist (Private M&A), Peter Forsberg, and Emma Fröderberg Shaiek (Competition & Regulatory), Jenny Lundberg and Josephine Lindgren (Employment), Mikael Stabo and Andreas Wingren (Real Assets), Anna Ribenfors and Jessica Tressfeldt (IP & Technology), and Ebba Sjölin (Finance & Restructuring).
Snellman Counsel to Aneo in the Acquisition of Two Wind Farms in Sweden from Marguerite Infrastructure
Snellman acted as counsel to Aneo, a Norway-based company operating in renewable energy sector owned by TrønderEnergi and HitecVision, in the acquisition of two wind farms in Sweden from Marguerite Infrastructure, a pan-European investor in long-life infrastructure focused on greenfield and brownfield expansion initiatives. This is Aneo’s first investment in renewable energy production outside Norway.
This transaction was carried out as a part of Snellman’s multidisciplinary approach in core areas of legal work relating to green economy, sustainability, ESG, renewable energy projects, natural resources, and infrastructure. Our cross-border team includes experienced lawyers with a business understanding of different parts of the green projects and sustainability sectors and expertise in all fields of evolving green economy, such as ESG, project development, project finance, construction, real estate, energy regulation, environment, planning and regulation, procurement, state aid regulations, M&A, private equity and dispute resolution.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Alexander Lindqvist, Nadine Lågland and Emma Johari (Private M&A), Mikael Stabo and Andreas Wingren (Real Assets), and Fredrik Olsson and Rezan Akkurt (Finance & Restructuring)
Snellman Counsel to Marlin Equity Partners and its Portfolio Company Puzzel AS in the Acquisition of S2 Communications AB
Snellman acted as counsel to Marlin Equity Partners, a global investment firm with over $ 8.2 billion of capital under management, and its portfolio company Puzzel AS in the acquisition of S2 Communications AB, a digital-first provider of outbound campaign management and sales functionality solutions, such as payment services, order capture, calendar bookings and e-signatures.
Our core team included Mikael Klang, Alexander Lindqvist, Tanja Schnitt, and Emma Johari (Private M&A), Josephine Lindgren (Employment) and Olof Östman (IP and Technology).
Snellman Counsel to Sitowise Group Oyj in the Acquisition of Convia Ingenjörsbyrå AB and Convia Infrastructure AB
Snellman acted as counsel to Sitowise Group Oyj in the acquisition of Convia Ingenjörsbyrå AB and Convia Infrastructure AB.
Snellman’s core team included Claes Kjellberg, Alexander Lindqvist, and Nadine Lågland (Private M&A) and Jenny Lundberg and Lisa Pålsson (Employment)
Snellman Counsel to Sylvamo Corporation in the Acquisition of Stora Enso Paper Nymölla AB (Including Its Uncoated Freesheet Paper Mill) in Nymölla, Sweden
Snellman acted as counsel to Sylvamo Corporation, a global paper company with mills in Europe, Latin America, and North America, in the acquisition of Stora Enso Nymölla Paper AB, which is operating an uncoated freesheet paper mill in Nymölla, Sweden, for approximately EUR 150 million.
Snellman’s core team included Richard Åkerman, Miklos Kovacs Kal, Alexander Lindqvist and Nadine Lågland (Private M&A), Jenny Lundberg and Lisa Pålsson (Employment), Mikael Stabo and Andreas Wingren (Real Assets) and Olof Östman (IP & Tech).
Snellman Counsel to Gores Guggenheim, Inc. in its Closing of Business Combination with Polestar
Snellman acted as counsel to Gores Guggenheim, Inc., a special purpose acquisition company (SPAC) formed by the affiliates of The Gores Group and Guggenheim Capital, LLC, in its business combination with the global electric performance car company Polestar. The transaction implies an equity value of approximately USD 20 billion for Polestar. The combined company will retain the Polestar name and will commence trading on the Nasdaq under the new ticker symbol ‘PSNY’ on June 24, 2022.
Polestar is a Swedish premium electric performance car brand, headquartered in Gothenburg and founded by Volvo Cars and Geely Holding. Polestar’s vehicles are available and on the road in fourteen active global markets across Europe, North America, and China.
Gores Guggenheim, Inc. completed its initial public offering in April 2021, raising approximately USD 800 million in cash proceeds. Gores Guggenheim’s strategy is to identify and complete business combinations with market leading companies with strong equity stories that will benefit from the growth capital of the public equity markets and be enhanced by the experience and expertise of Gores’ and Guggenheim’s long history and track record of investing in and operating businesses.
Snellman acted as a legal advisor to Gores Guggenheim, Inc. together with Weil, Gotshal & Manges LLP.
Snellman’s advisory team included Richard Åkerman, Douglas Essehorn, Iiris Ikkelä, and Alexander Lindqvist (M&A), Elisabeth Vestin and Anna Ribenfors (IP & Tech), Josephine Lindgren and Lisa Pålsson (Employment), Fredrik Olsson and Sofia Bengtsson (Finance), and Andreas Wingren (Real Estate).
Snellman Counsel to Soltech Energy Sweden in the Acquisition of Sud Energies Renovables S.L
Snellman acted as counsel to Soltech Energy Sweden AB (publ) in the acquisition of Sud Energies Renovables S.L., a Spanish solar energy company that specialises in industrial, energetic, and environmental areas.
With the acquisition of Sud Energies Renovables S.L., Soltech Energy Sweden AB (publ)’s further strengthens its international expansion with its first acquisition in Spain. The revenues of Sud Energies Renovables S.L. is expected to increase significantly from SEK 90 million in 2021 to SEK 245 million by the end of 2022.
Snellman’s core team comprised Johanna Wärnberg and Alexander Lindqvist (Private M&A) and Josephine Lindgren (Employment).
Snellman Counsel to Rebellion in the Acquisition of Stockholm Betongkonsult AB
Snellman acted as counsel to Rebellion in the acquisition of Stockholm Betongkonsult AB, a company consisting of niche technical consultants focusing on concrete.
Snellman’s core team included Miklos Kovacs Kal and Alexander Lindqvist (Private M&A), Josephine Lindgren (Employment), and Olof Östman (IP & Technology).
Snellman Counsel to CapMan Buyout in Its Acquisition of Hydroware
Snellman acted as counsel to CapMan Buyout in its acquisition of Nordic lift modernisation market leader Hydroware AB from the company’s founder and other shareholders. CapMan will partner with the Hydroware team to support the company’s accelerated growth and international expansion with a focus on first-rate sustainable products and solutions. Hydroware is the market leader in modernisation of hydraulic lifts in the Nordic countries with a strong position and growing sales in the DACH and UK markets. The company’s customers include installation and service companies and large multinational lift companies. Hydroware has a successful history of strong growth and is currently expanding in the large and growing traction lift market. The investment in Hydroware is the fourth investment from the CapMan Buyout XI fund.
Our core team comprised Johanna Wärnberg, Alexander Lindqvist, and Tanja Schnitt (M&A), Carolina Wahlby and Albert Danielsson (Finance), Lisa Pålsson (Employment), and Olof Östman (IP & Technology).
Snellman Counsel to Soltech Energy Sweden AB (publ) in Its International Expansion and First Bolt-on Acquisition
Snellman acted as counsel to Soltech Energy Sweden AB (publ) in its acquisition of the Dutch solar energy company 365 Energie Holding B.V. (“365zon”), the acquisition of the remaining 40 per cent of the subsidiary Din Takläggare i Värmland-Dalsland AB (“Din Takläggare”), and the bolt-on acquisition of the solar energy company Solexperterna Värmland AB (“Solexperterna”).
Soltech Energy Sweden AB (publ) acquired 53.3 per cent of the shares in 365zon, which had sales of SEK 250 million in 2021 and is estimated to have sales of approximately SEK 350 million in 2022 with an operating profit of approximately 10 per cent. This is Soltech’s first international acquisition and establishes the Soltech group in the growing Dutch solar energy market. The acquisition is financed entirely with own cash and with newly issued Soltech shares.
Soltech Energy Sweden AB (publ) also acquired the remaining 40 per cent of the shares in its subsidiary Din Takläggare and, in connection with the acquisition, the Soltech Group made its first bolt-on acquisition by way of acquiring 100 per cent of the solar energy company Solexperterna through Din Takläggare. The bolt-on acquisition of Solexperterna further strengthens Din Takläggare’s solar energy competence and installation capacity. Both acquisitions were financed entirely by equity with newly issued Soltech shares.
These transactions were carried out within our private M&A and infrastructure practice, and our core advisory team included Johanna Wärnberg, Maja Uppgren, Alexander Lindqvist, and Josephine Lindgren.
Snellman Counsel to the Kingdom of Sweden in the Sale of Metria AB
Snellman acted as counsel to the Kingdom of Sweden in the sale of Metria AB to Sikri Holding AS.
Metria is a Swedish provider of GIS, geodata, business and real estate information and planning and surveying services to authorities, municipalities and companies. Metria was established in 2011 following a corporatization of a division of the Swedish Mapping, Cadastral and Land Registration Authority (Sw. Lantmäteriet).
Snellman’s core advisory team comprised Claes Kjellberg, Johanna Wärnberg, Douglas Essehorn, Alexander Lindqvist, Nicolina Hultgren Farsani, and Anna Wahlbeck (Private M&A), Peter Forsberg, Oskar Helsing and Lars Lundgren (Competition & Procurement), Andreas Wingren (Real Estate), Jenny Lundberg and Lisa Pålsson (Employment), Elisabeth Vestin and Jessica Tressfeldt (IP & Tech), and Julia Nordgren (Dispute Resolution).
Snellman Swedish Counsel to Savvy Gaming Group in Its Acquisition of ESL Gaming and FACEIT
Snellman acted as Swedish counsel to Savvy Gaming Group, a newly launched gaming and esports group, in its simultaneous acquisition of ESL Gaming, from Modern Times Group MTG AB and its minority owners, and of FACEIT, from various sellers. ESL Gaming and FACEIT are two industry leading esport players and will form the ESL FACEIT Group. The enterprise value of the combined transaction was approximately SEK 15 billion.
The transaction is subject to regulatory approvals.
Snellman’s advisory team included Ola Åhman, Mattias Friberg, Ammar Khan, Khaled Talayhan, Maja Uppgren, and Alexander Lindqvist (Public and Private M&A), Olof Östman (IP&Tech), Albert Danielsson and Amanda Alexandersson (Finance & Reconstruction), and Josephine Lindgren (Employment).
Snellman Counsel to Mangold AB in Its Listing on Nasdaq Stockholm Main Market
Snellman acted as counsel to Mangold AB, a Swedish investment firm providing investment banking as well as private banking services, in relation to its listing on the Nasdaq Stockholm Main Market. Mangold AB transferred to the Main Market from Nasdaq First North Premier Growth Market, on which its shares had been listed since 2012.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Marcus Lehtinen, Marc Tevell de Falck, and Lisa Kindstedt (Capital Markets, Corporate Advisory, Public M&A); Anna Ribenfors (IP & Tech); Jenny Lundberg, Josephine Lindgren, and Lisa Pålsson (Employment); Albert Danielsson (Finance); and Alexander Lindqvist (Private M&A).
Snellman Counsel to the Church of Sweden’s Pension Foundation and the Swedish Foundation for Strategic Research
Snellman acted as counsel to the Church of Sweden’s pension foundation and the Swedish Foundation for Strategic Research in the debt financing of their purchase of the remaining 46% of shares in Fastighets AB Stenvalvet (publ) from Kåpan Tjänstepensionsförening. Stenvalvet is one of the leading Swedish property companies that owns, actively manages, and develops buildings for community services in Sweden with a total of approximately 110 properties and a combined market value of SEK 15.7 billion.
Snellman’s core advisory team included Albert Danielsson and Oscar Bengtsson from our Finance and Restructuring team and Alexander Lindqvist from our Private M&A team.
Snellman Counsel to SEB Private Equity in the Co-Investment with IK Partners in Their Acquisition of Truesec
Snellman acted as counsel to SEB Private Equity in the co-investment with IK Partners in their acquisition of Truesec.
IK Partners, a leading Nordic private equity group, has acquired Truesec, and Snellman represented the co-investor SEB Private Equity in the transaction.
Hannes Spellman’s core team included Mikael Klang and Alexander Lindqvist.
Snellman Counsel to Nivika Fastigheter AB (publ) on Its IPO and Listing on Nasdaq Stockholm Main List
Snellman acted as counsel to Nivika Fastigheter AB (publ), a fast-growing property company, on its initial public offering and listing of all class B shares on the Nasdaq Stockholm main list. The offering of newly issued class B shares, which was heavily oversubscribed, amounted to SEK 1,000 million, and additional class B shares amounting up to SEK 150 million may be issued under an overallotment option. Tredje AP-fonden, Swedbank Robur Fonder, Öhman Fonder, and Weland AB were cornerstone investors in the offering and acquired shares for SEK 600 million in total. Based on the closing share price on the first day of trading, 3 December 2021, the market capitalisation of the company amounted to approximately SEK 5,417 million. Danske Bank A/S, Danmark, Sverige Filial, and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners.
Nivika is a fast-growing property company with a focus on long-term ownership, efficient new development, and an investment strategy with purpose of being flexible and adaptable towards the property market. The net proceeds will be used to finance continued growth through acquisitions and project development with new development of residential and commercial properties for long-term own ownership and management.
Snellman’s advisory team consisted mainly of Mattias Friberg, Christoffer Saidac, Khaled Talayhan, Emma Greiff, Anton Eriksson, Lisa Kindstedt, Andreas Wingren, Josephine Lindgren, Rezan Akkurt, and Alexander Lindqvist.
Counsel to Mecenat, a Portfolio Company of IK Partners, in Its Add-on Acquisition of Seniordays
Snellman acted as counsel to Mecenat Aktiebolag, a portfolio company of IK Partners (“IK”), in its add-on acquisition of Senior World AB, which operates under the brand “Seniordays”.
Senior World AB, which has shown a substantial growth in turnover, operates in the same industry as Mecenat, but in a different market segment, offering discounts to its community of 130,000 members over the age of 55.
For further information, please refer to Mecenat’s press release here.
Our core advisory team included Johanna Wärnberg, Douglas Essehorn, and Alexander Lindqvist.
Snellman Counsel to Gores Guggenheim, Inc. in its Proposed Business Combination with Polestar
Snellman acted as counsel to Gores Guggenheim, Inc., a special purpose acquisition company (SPAC) formed by the affiliates of The Gores Group and Guggenheim Capital, LLC, in its proposed business combination with the global electric performance car company Polestar. The transaction implies an equity value of approximately USD 20 billion for Polestar. Upon closing, which is expected to take place in the first half of 2022, the combined company will be held by a new public company which is expected to be listed on the Nasdaq under the ticker symbol “PSNY”.
Polestar is a Swedish premium electric performance car brand, headquartered in Gothenburg and founded by Volvo Cars and Geely Holding. Polestar’s vehicles are available and on the road in fourteen active global markets across Europe, North America, and China.
Gores Guggenheim, Inc. completed its initial public offering in April 2021, raising approximately USD 800 million in cash proceeds. Gores Guggenheim’s strategy is to identify and complete business combinations with market leading companies with strong equity stories that will benefit from the growth capital of the public equity markets and be enhanced by the experience and expertise of Gores’ and Guggenheim’s long history and track record of investing in and operating businesses.
Snellman acted as a legal advisor to Gores Guggenheim, Inc. together with Weil, Gotshal & Manges LLP.
Snellman’s advisory team included Richard Åkerman, Douglas Essehorn, Iiris Ikkelä, and Alexander Lindqvist (M&A), Elisabeth Vestin and Anna Ribenfors (IP & Tech), Josephine Lindgren and Lisa Pålsson (Employment), Fredrik Olsson and Sofia Bengtsson (Finance), and Andreas Wingren (Real Estate).
Snellman Counsel to Svensk Plaståtervinning in Acquisition of Industrial Property
Snellman acted as counsel to Svensk Plaståtervinning i Motala AB in its acquisition of an industrial property of approximately 100,000 square metres lettable area located in Motala.
Svensk Plaståtervinning already operates Europe’s largest and most efficient facility for recycling of plastic packaging at the property in Motala, but it recently announced its plan to further invest approximately SEK 1 billion in the facility. As a result of this investment, it will become the world’s largest and most modern facility for plastic recycling with capacity to recycle any plastic containers that comes from Swedish households without any negative climate impact.
Snellman’s team consisted of Mikael Stabo, Andreas Wingren, and Alexander Lindqvist.
Snellman Counsel to Sitowise in the Acquisition of Infracontrol
Snellman acted as counsel to Sitowise in the acquisition of the Swedish traffic and infrastructure IT company Infracontrol. Together, the two companies accelerate the development of intelligent traffic solutions for smart cities. Infracontrol currently provides digital services and SaaS solutions for about 120 Swedish municipalities and the national transport and infrastructure authorities.
Snellman’s core team included Claes Kjellberg, Olli-Pekka Veranen, Jonas Sjöberg, Anna Bergström, Alexander Lindqvist, and Mikael Byman.
Snellman Counsel to Consortium of F. Holmström Fastigheter AB and Areim AB on Its Public Offer for Magnolia Bostad AB
Snellman advised the consortium of F. Holmström Fastigheter AB and Areim AB on its public cash offer for Magnolia Bostad AB (“Magnolia Bostad”), listed on Nasdaq Stockholm. Skandinaviska Enskilda Banken acted as the sole financial advisor. The offer values Magnolia Bostad at approximately SEK 2.9 billion. Magnolia Bostad is a leading community developer that develops new housing, both rental apartments and condominiums, community properties, and hotels in attractive locations in Sweden’s growth areas and large cities.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Emma Greiff, and Anton Eriksson (Public M&A and Capital Markets), Fredrik Olsson (Finance), Peter Forsberg and David Olander (Competition), and Mikael Stabo, Alexander Lindqvist, and Andreas Wingren (Real Estate).
Snellman Advised Private Equity Sponsor Riverside and Its Portfolio Company Abracon on the Acquisition of Proant AB and Proant Asia Limited
Snellman advised private equity sponsor Riverside and its portfolio company Abracon on the acquisition of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden, and Hong Kong, respectively. The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong. Abracon, LLC is an industry leader in passive components, providing frequency control & timing device, RF & antenna, and inductor & connectivity solutions through a global distribution network.
Snellman’s team consisted of Mikael Klang, Iiris Ikkelä, Douglas Essehorn, Alexander Lindqvist (Corporate/M&A), Jenny Lundberg, Josephine Lindgren (Employment), and Anna Ribenfors (IP & Technology).
Snellman Counsel to Castellum in EUR 640 Million Acquisition of Kielo
Snellman acted as counsel to Castellum in its approximately EUR 640 million acquisition of property company Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate. Kielo holds an office portfolio of approximately 237,000 m2 located in the Helsinki Metropolitan Area and the university towns of Tampere, Turku, Jyväskylä, and Lahti.
Snellman’s cross-border core team in Helsinki and Stockholm included Tapio Teräkivi, Heidi Haanpää, Mikael Stabo, Katja Heikkinen, Netta Pitkämäki, Paavo Romakkaniemi, Mikael Wood, Julia Ranta, Milla Männistö, Andreas Wingren, Alexander Lindqvist, Oliver Vesterlund, Susanna Purovirta, Mikko Huimala, Heikki Majamaa, Ingrid Remmelgas, Beata-Maria Pippingsköld, and Jenni Heurlin.
Snellman Acted as Counsel to Funds Advised by CapMan Buyout (“CapMan”) in Its Investment in MMSports AB
CapMans fund CapMan Buyout XI has entered into an agreement to invest in a leading sports nutrition and equipment company, MMSports. CapMan will acquire a majority equity share in the company, with key members of the MMSports organisation investing a significant share. CapMan will partner with the MMSports team to continue to support its accelerated growth and international expansion. The investment is the third investment made by the CapMan Buyout XI fund, which was established in 2019.
Our advisory team included Johanna Wärnberg, Alexander Lindqvist, and Anna Bergström (M&A Private); and Paula Röttorp and Albert Danielsson (Finance).
Snellman Counsel to SEB Private Equity in Its Partnership with Eatery
Snellman acted as counsel to SEB Private Equity in its investment in and partnership with Eatery. Eatery is a Swedish fast-growing concept chain with conferences, restaurants, cafés, evening restaurants, and food delivery to the public sector. Eatery has eight restaurants and conference facilities and ten production kitchens. SEB Private Equity is part of SEB, which focuses on developing companies such as Eatery through close collaboration with entrepreneurs and management teams.
Our advisory team included Mikael Klang, Jonas Sjöberg, Ebba Almén and Alexander Lindqvist (Private M&A); Caroline Sundberg and Jessica Tressfeldt (IP & Technology); Jenny Lundberg, Josephine Lindgren, and Lisa Pålsson (Employment); and Andreas Wingren (Real Assets).
Snellman Acted as the Swedish Counsel to Charles River Laboratories International, Inc. in the Acquisition of Cognate BioServices, Inc.
Snellman acted as the Swedish counsel to Charles River Laboratories International, Inc. in the acquisition of Cognate BioServices, Inc,. including its Swedish and British subsidiaries Cobra Biologics, a premier cell and gene therapy contract development and manufacturing organisation. The purchase price amounted to approximately USD 875 million.
Charles River Laboratories International, Inc. provides essential products and services to help pharmaceutical and biotechnology companies, government agencies, and leading academic institutions around the globe accelerate their research and drug development efforts. Charles River Laboratories International, Inc. is publicly traded on the New York Stock Exchange.
Snellman’s core team included Richard Åkerman, Nicole Jerad, Douglas Essehorn, Iiris Ikkelä, and Alexander Lindqvist (Private M&A), Jenny Lundberg (Employment), and Elisabeth Vestin and Itai Coleman (IP & Tech).
Snellman Counsel to Savaria Corporation in Its Public Offer for Handicare Group AB
Snellman advised Savaria Corporation and its acquisition vehicle Savaria (Sweden) AB on its recommended cash offer to the shareholders of Handicare Group AB (“Handicare”) listed on Nasdaq Stockholm. The offer values Handicare at approximately SEK 2.9 billion. Handicare offers solutions to increase the independence of disabled or elderly people to facilitate for their care providers and family.
Our advisory team included Ola Åhman, Mattias Friberg, Sanna Böris, Marcus Lehtinen, and Marc Tevell de Falck (Public M&A and Capital Markets), Fredrik Olsson and Albert Danielsson (Finance), Peter Forsberg, Johan Holmquist, and Sarah Ek (Competition), Itai Coleman and Sofia Widegren (IP/TMT), Anna Bergström and Alexander Lindqvist (Private M&A) and Jenny Lundberg (Employment).
Snellman Counsel to Vitec Software Group AB (publ) in the Acquisition of Unikum Datasystem Aktiebolag
Snellman acted as counsel to Vitec Software Group AB (publ), in the acquisition of Unikum Datasystem Aktiebolag, a Swedish business system developer.
Snellman’s core team included Claes Kjellberg, Johanna Wärnberg, Julia Wegelius, Josephine Lindgren, Ebba Almén, Linn Alfredsson, Alexander Lindqvist, and Caroline Sundberg.
Snellman Advokatbyrå AB
Kungsträdgårdsgatan 20
111 47 Stockholm Sweden
P.O. Box 7801
103 96 Stockholm Sweden
Business ID: 556757-2101
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Tel: +46 760 000 000
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