Kjell & Co’s SEK 1.71 Billion Initial Public Offering

Baker McKenzie advised Carnegie Investment Bank and Nordea Bank Abp on the deal. White & Case advised Kjell & Company.

Kjell Group ABs announced its initial public offering on the Nasdaq First North Growth Market. The price in the offering was SEK 55 per share, corresponding to a total market value of the company of approximately SEK 1.71 billion (Approx. $195 million). 

Carnegie Investment Bank and Nordea Bank Abp, filial i Sverige acted as Joint Global Coordinators and Joint Bookrunners.

Kjell Group AB operates an online and offline retail stores. The Company markets home electronics and accessories such as computers, mobiles, tablets, network products, ecc. Kjell Group serves customers in Sweden and Norway. 

The Baker McKenzie team was led by Joakim Falkner (Picture), Johanna Flink and Per Blom. 

The White & Case team in Stockholm which advised on the transaction was co-led by partners Johan Steen and Johan Thiman and included partner Carl Hugo Parment, counsel David Tayler and associates Gustaf Wiklund, Marcus Halling, Izabella Barisa, Christian Meijling, Anders Westling, Monica Ericson, Karl Nordlin and Elisabeth Hamill-Keays.

Involved fees earner: Per Blom – Baker McKenzie; Joakim Falkner – Baker McKenzie; Johanna Flink – Baker McKenzie; Izabella Barisa – White & Case; Monica Ericson – White & Case; Marcus Halling – White & Case; Elisabeth Hamill-Keays – White & Case; Christian Meijling – White & Case; Karl Nordlin – White & Case; Carl Hugo Parment – White & Case; Johan Steen – White & Case; David Tayler – White & Case; Johan Thiman – White & Case; Anders Westling – White & Case; Gustaf Wiklund – White & Case;

Law Firms: Baker McKenzie; White & Case;

Clients: Carnegie Investment Bank AB; Kjell & Company; Nordea Bank AB;


Author: Alejandro Girola