Cirio has advised Vestum AB in the transaction.
Vestum AB has agreed to acquire 100 percent of the shares in Markax AB and the sister company Redditum AB (“Markax”).
The purchase price will partly be financed through payment in reverse, which will then be set off against 261,859 shares in Vestum through offset issues.
Markax was founded in 2014 and performs construction works regarding water and sewerage, district heating, ground- and construction services as well as asphalt paving, primarily in the Stockholm and Gävleborg regions. Redditum owns the machines that Markax uses in its assignments. Markax has 56 employees and is headquartered in Gävle.
Vestum is a Swedish acquisition-driven company focused on acquiring and developing specialist companies within the construction services and infrastructure industries.
The Cirio’s team consisted of partner Anders Moberg (Picture), assisted by associate Julia Wegelius.
Law Firms: Cirio Law Firm;
Clients: Vestum AB;