Delphi represents NTG Nordic Transport Group A/S in the transaction.
Danish transport company NTG Nordic Transport Group AS has agreed to buy 100 percent of the shares in the Swedish furniture logistics company LGT Group AB.
The acquisition values 100 percent of the shares in LGT Group at 375 million Swedish Krona ($43.2 million) on a cash and debt free basis.
LGT Group is a leading furniture logistics specialist in the Nordics with approximately 320 employees and a revenue of approximately SEK 830 million.
NTG is a freight forwarding company based in Denmark offering customized transport solutions by road, air, and ocean. NTG has a global reach with operations in more than 20 countries across Europe, Asia and North America. NTG is listed on Nasdaq Copenhagen.
Delphi’s team mainly consisted of Michael Juhlin (Picture), Glenn Nyström, Karin Roberts, Dahae Roland, Linus Larsén, Emmy Falck, Fredrik Nykvist, Felix Makarowski and Ellen Karp Jakobsson.
Involved fees earner: Emmy Falck – Delphi Advokatfirman; Michael Juhlin – Delphi Advokatfirman; Linus Larsén – Delphi Advokatfirman; Felix Makarowski – Delphi Advokatfirman; Fredrik Nykvist – Delphi Advokatfirman; Glenn Nyström – Delphi Advokatfirman; Karin Roberts – Delphi Advokatfirman;
Law Firms: Delphi Advokatfirman;
Clients: NTG Nordic Transport Group A/S;