Synsam’s Initial Public Offering And Listing on Nasdaq Stockholm

Roschier advised Synsam and CVC in the transaction. Gernandt & Danielsson advised the managers.

Optician group Synsam AB (publ) has listed its shares on Nasdaq Stockholm, with trading commencing on 29 October 2021. The price in the offering was set at SEK 50 per share, corresponding to a total market value of the company of SEK 7.5 billion.

The initial public offering attracted strong interest from large Swedish and international institutional investors as well as the general public in Sweden, Denmark, Norway and Finland.

Managers are in this context Carnegie Investment Bank AB (publ), Goldman Sachs Bank Europe SE, Citigroup Global Markets Europe AG and Nordea Bank Abp, filial i Sverige, as Joint Global Coordinators, together with Danske Bank A/S, Danmark, Filial Sverige and Swedbank AB (publ)

Synsam is a leading optician group in the Nordic region, operating through directly-owned and franchise stores as well as through e-commerce channels. Founded in 1968, Synsam today has a network of 490 stores in Sweden, Denmark, Norway and Finland, and more than 900 opticians performing approximately 673,000 eye examinations per year.

The Roschier team comprised Christoffer Benninge (Picture), Jens Bengtsson, Linnea Björkstrand, Leo Lee and Linda Ekborg. 

The Gernandt & Danielsson team consisted of partner Fredrik Palm, senior associate Gabriel Zsiga and associates Robin Entenza, Filip Persson and Matteus Özer.

Involved fees earner: Robin Entenza – Gernandt & Danielsson Advokatbyrå KB; Matteus Özer – Gernandt & Danielsson Advokatbyrå KB; Fredrik Palm – Gernandt & Danielsson Advokatbyrå KB; Filip Persson – Gernandt & Danielsson Advokatbyrå KB; Gabriel Zsiga – Gernandt & Danielsson Advokatbyrå KB; Jens Bengtsson – Roschier; Christoffer Benninge – Roschier; Linnea Björkstrand – Roschier; Linda Ekborg – Roschier; Leo Lee – Roschier;

Law Firms: Gernandt & Danielsson Advokatbyrå KB; Roschier;

Clients: Carnegie Investment Bank AB; Citigroup Global Markets Europe; CVC; Danske Bank – Finland Branch; Goldman Sachs Bank Europe; Nordea Bank Finland Plc; Swedbank; Synsam Nordic;

Federica Tiefenthaler

Author: Federica Tiefenthaler