Nordisk Bergteknik’s SEK 178 Million Acquisition of Infrastructure Group Nordic AB

Setterwalls advised Nordisk Bergteknik on the deal.

Nordisk Bergteknik expands in the Stockholm region through the acquisitions of Infrastructure Group Nordic AB and its operating subsidiaries Rovalin och Soil Mixing Group.

Rovalin was founded in 2014 and has 45 employees. The company offers services within foundation work and operates mainly in the Stockholm area. Soil Mixing Group currently has 22 employees and offers services in connection with soil reinforcement for properties and construction projects in Sweden and Norway.

The purchase price amounts to SEK 178 million and is paid through SEK 49 million in cash at the completion of the transaction, SEK 54 million through reinvestment in shares in Nordisk Bergteknik and SEK 75 million in a seller promissory note.

The Setterwalls team included Magnus Örtorp (Picture), Rebecka Lundgren, Erik Sandberg, Tova Andersson, Madeleine Kristoferson.

Involved fees earner: Tova Andersson – Setterwalls; Madeleine Kristoferson – Setterwalls; Rebecka Lundgren – Setterwalls; Magnus Örtorp – Setterwalls; Erik Sandberg – Setterwalls;

Law Firms: Setterwalls;

Clients: Nordisk Bergteknik ;

Federica Tiefenthaler

Author: Federica Tiefenthaler