Vinge has advised Lagercrantz Group on the deal.
Lagercrantz Group acquired CWL Group AB with wholly-owned subsidiaries in Sweden, Norway and Poland.
CW Lundberg is a leader in safety products for roofs and facades. Most sales are generated in Sweden but the company is also pursuing international expansion in Europe and is established in Norway and Poland. Development, marketing and production are situated in Mora and the group generates annual sales of approximately MSEK 185 with good profitability.
Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group consists of almost 60 companies, each with a focus on a specific sub-market – a niche. Lagercrantz Group is active in nine countries in Northern Europe as well as in China, India and in the USA. The Group has approximately 1,500 employees and annual revenue of approximately MSEK 4,000. The Company is listed on Nasdaq Stockholm since 2001.
Vinge’s team consisted of, among others, Johan Winnerblad (Picture) and Stina Bengtsson.
Law Firms: Vinge;
Clients: Lagercrantz Group AB;