Capillar Advisory coordinated and advised on the divestment of the majority shareholding of the Eleda Group to Altor Fund V, the acquisition of One Nordic by Eleda Group, the acquisition of Järfälla VA- & Byggentreprenad AB (JVAB) by Eleda Group, and the divestment of Kewab AB by Eleda Group. Eleda Group is a long-standing client and relationship for Capillar Advisory. Eleda Group has shown a strong ability to grow and develop companies, also through M&A. In this process, we also worked closely with Altor, the management team of One Nordic, and the owners and the management team of JVAB. A strong team of advisors, including Vinge, White & Case, Maqs, Cirio, PwC, EY, BDO, Carnegie and Roland Berger contributed to making this complex and large transaction, involving several buyers and sellers, a reality.
Eleda Group, with Altor Fund V as majority owner, will after these transactions have revenues of approximately SEK 6 billion. The sellers are reinvesting significantly in the new group, and Capillar Advisory looks forward to supporting in the continued growth and development of the Eleda Group.
Closing is pending clearance from competition authorities.