Green Landscaping Group AB’s Acquisition of Bengtssons Trädgårdsanläggningar

Lindahl acted as legal advisor to Bengtsson Trädgård Invest AB.

Green Landscaping Group AB (publ) acquired Bengtssons Trädgårdsanläggningar AB, a company active in landscaping and garden facilities.

Bengtssons Trädgårdsanläggningar has since the start in 1985 been operating with focus on fine planning in the Malmö region. With its 30 employees, the company delivers quality contracts to mainly municipalities and housing companies.

Bengtssons Trädgårdsanläggningar is a stable company with high customer satisfaction and has grown to a turnover of approximately SEK 80 million with good profitability.

Bengtssons Trädgårdsanläggningar is a quality company that puts the projects in focus and delivers with high quality. Bengtssons Trädgårdsanläggningar has a strong corporate culture with skilled employees, which makes them the type of business we want to connect to us, says Johan Nordström, CEO of Green Landscaping Group.

Green Landscaping Group acquired 100 percent of the shares in Bengtssons Trädgårdsanläggningar AB with access today 1 October. The acquisition is financed within existing credit facilities and issue of own shares. The Board has therefore, within the scope of the authorization from the Annual General Meeting on 14 May 2020, today decided on a directed issue of 328,981 shares in Green Landscaping Group, aimed at the sellers of Bengtssons Trädgårdsanläggningar. The subscription price amounts to SEK 30.40 per share and is based on a weighted average price. The acquisition is not expected to have a significant effect on Green’s earnings for 2020.

Lindahl’s team included Carl-Johan Krusell (Picture), Annika Brandt and Johanna Svensson.

Involved fees earner: Annika Brandt – Lindahl; Carl-Johan Krusell – Lindahl; Johanna Svensson – Lindahl;

Law Firms: Lindahl;

Clients: Bengtsson Trädgård Invest AB;