TM & Partners has advised RNB Retail and Brands AB on the deal.
RNB Retail and Brands AB (“RNB”) announced the sale of Brothers & Sisters, which holds all shares in Brothers AB, to the Norwegian investment company Jotunfjell Partners AS.
Jotunfjell Partners AS has a primary focus on Nordic retail, and owns, inter alia, the Swedish retail chain Pagelle.
Brothers is a Swedish men’s fashion chain founded in 1992 with 43 stores, some of which are run by franchisees. At present, they have about 280 employees and 29 years of experience in fashion and service.
TM & Partners’ team comprised Niclas Högström (Picture – Partner, M&A), Johan Wigh (Partner, Capital Markets), Tobhias Brandell (Partner, Banking & Finance), Fredrik Gustafsson (Partner, Technology), Sara Jacobson (Associate, M&A), Mikael Ahlberg (Associate, M&A), Robin Bergqvist (Associate, Banking and Finance), Philip Bihl (Associate, Capital Markets), Johan Mörlin (Associate, M&A), Karolina Kjellberg (Senior Associate, Technology), Cecilia Bergman (Senior Associate, Employment) and Catharina Danielsson (Associate, Real Estate).
Involved fees earner: Mikael Ahlberg – Törngren Magnell; Cecilia Bergman – Törngren Magnell; Robin Bergqvist – Törngren Magnell; Philip Bihl – Törngren Magnell; Tobhias Brandell – Törngren Magnell; Catharina Danielsson – Törngren Magnell; Fredrik Gustafsson – Törngren Magnell; Niclas Högström – Törngren Magnell; Sara Jacobson – Törngren Magnell; Karolina Kjellberg – Törngren Magnell; Johan Mörlin – Törngren Magnell; Johan Wigh – Törngren Magnell;
Law Firms: Törngren Magnell;
Clients: RNB Retail and Brands AB;