Recent work | November 11, 2019

Roschier represents Swedol in connection with Momentum Group’s PTO

Momentum Group AB has announced a recommended public offer to the shareholders of Swedol AB. Roschier represents Swedol and the independent bid committee of the board of directors of Swedol in connection with the offer.

The offer consideration consists of cash or newly issued class B shares in Momentum Group. The independent bid committee of the board of directors of Swedol supports the offer and has issued a recommendation to the shareholders of Swedol to accept the offer, together with a fairness opinion from Pareto Securities.

Swedol AB (publ) offers high quality products and services tailored to the needs and preferences of professional users and includes a range within tools, supplies, workwear and personal protection. Momentum Group AB (publ) is one of the leading resellers of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic Region.

Roschier’s advisory group mainly comprises Partners Pontus Enquist and Kristian Hugmark, Senior Associate Erik Persson and Associate Jacob Giesecke.