Gernandt & Danielsson Advokatbyrå

Gernandt & Danielsson advises in Citira Holding AB's (publ) (formerly Circular Tire Services Europe Holding AB (publ)) issues of subsequent bonds in a total amount of SEK 420 million within its existing framework of SEK 2.6 billion. ABG Sundal Collier has acted as sole bookrunner in connection with the issues. Gernandt & Danielsson advises ABG Sundal Collier with a team consisting of partners Mikael Borg and Mikael Bolling as well as associates Jonathan Antonsson and Jacob Linder.

Gernandt & Danielsson advises Union Investment Institutional Property GmbH in the sale of the shopping centre Sisjö Entré. The property covers a total of 15,310 square metres and is strategically located in Sisjön – one of Gothenburg's most expansive commercial and business areas. Financial closing took place at the turn of the year and practical closing took place in January 2026. The transaction took place through the divestment of the shares in the property owning company. Gernandt & Danielsson's team consisted of partner Magnus Lidman and associates Sofie Hallén, Viktor Rytter, Rebecka Ljung and Agnes Ulfwinger.

Industrikraft i Sverige AB, an industrial consortium, has signed an agreement with Vattenfall AB to acquire 20 per cent of the shares in Videberg Kraft AB. Industrikraft consists of ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso and the Volvo group. The transaction is expected to close in January 2026. Videberg Kraft AB, which will build and operate new nuclear reactors, has applied to the Government Offices of Sweden for state aid to support an investment in new nuclear power for the Videberg nuclear power project on the peninsula Värö in Varberg. Gernandt & Danielsson has earlier advised during the establishment of the consortium Industrikraft I Sverige AB. Gernandt & Danielsson advises Industrikraft in the transaction with a team lead by partner Mats Hugoson, senior associate Robin Skoglund Rovén and associate Samuel Gilljam, mainly assisted by partners Pär Johansson and Peter Forsberg, senior associate Martin Zeitlin and associate Ralph Bitar.

Gernandt & Danielsson advises affiliates of Cerberus Capital Management, L.P. in connection with the acquisition of Brocc Finance AB from Brocc Holding AB. The acquisition was consummated on 29 October 2025 following customary regulatory approvals from the Swedish Financial Supervisory Authority. Cerberus Capital Management is a global alternative investment firm with approximately USD 70 billion in assets across complementary credit, real estate, and private equity strategies. Cerberus has been one of the largest acquirers of non-performing loans (so-called NPLs) in Europe over the last 15 years. Brocc Finance AB is a Swedish credit market company (Sw. kreditmarknadsbolag), with a strong presence in consumer finance across the Nordics, operating a tech-enabled platform that streamlines operations across lending, risk management, and product offerings to enable faster decisions, lower costs, and integrated customer experiences. The purpose of the acquisition is to enable Brocc Finance AB to specialise in the acquisition of non-performing loans to obtain the status of a specialised debt restructurer (Sw. specialiserad skuldomstrukturerare; a so-called SDR) under the Capital Requirements Regulation (EU) No 575/2013 (the CRR). Following the consummation of the acquisition, Brocc Finance AB has acquired portfolios of non-performing loans of more than SEK 430 billion in outstanding balances, establishing Brocc Finance AB as one of Europe’s largest acquirers of non-performing loans. Gernandt & Danielsson has advised with a team led by Partners Niclas Rockborn (Regulatory) and Pär Johansson (Corporate), mainly assisted by Partner Gabriel Zsiga (Corporate), Senior Associates Alexander Thörnberg (Corporate), Astrid Svensson (Data privacy) and Gustav Lindgren (Employment) as well as Associates Philip Börnå (Corporate), Sebastian Kjellkvist (Regulatory), Elias Vahman (Corporate), Edvin Andersson (Employment), Marija Gorlova (Corporate), Amanda Kull (Corporate) and Ivan Sivik (Regulatory).  

On 11 December 2025, Butterfly HoldCo Pte. Ltd., a company indirectly controlled by the EQT VII fund, completed a SEK 664 million sale of shares in Enity Holding AB. ABG Sundal Collier AB, Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB acted as Joint Bookrunners in connection with the sale. Gernandt & Danielsson advised the Joint Bookrunners with a team consisting of partners Fredrik Palm and Daniel Sveen as well as associate Olle Häglund.

Gernandt & Danielsson advises Titania Holding AB (publ) ("Titania") in connection with its directed share issue of 11,297,000 class B shares and its issue of subsequent sustainable corporate bonds in a total amount of SEK 225 million within its existing framework of SEK 1,000 million. Titania will apply for admission to trading of the subsequent bonds on Nasdaq Stockholm's sustainable bond list. Titania is a property company focusing on owner-developed residential properties in the Stockholm region and is responsible for major urban development projects from the early stages of the detailed planning process to completed new residential areas. Titania is listed on Nasdaq First North. Gernandt & Danielsson advises Titania with a team consisting of partners Mikael Borg and Mikael Bolling and associates Jonathan Antonsson, Matilda Ellman and Erik Karlsson. In addition, Arctic Securities has acted as financial adviser to Titania.

On 10 December 2025, Amplex AB announced a public cash offer to the shareholders of ADDvise Group AB (publ). The offer values all shares and warrants in ADDvise at SEK 1.05 billion. The board of directors of ADDvise will evaluate the offer and announce a statement with its opinion regarding the offer and a fairness opinion no later than two weeks before the expiry of the acceptance period of the offer. Gernandt & Danielsson advises the board of directors of ADDvise with a team consisting of partners Mikael Borg and Daniel Sveen as well as associate Siri Telmen.

Gernandt & Danielsson advises Worldline, a European leader in payment services, in connection with the divestment of PaymentIQ, a payment orchestration platform, to Incore Invest for an estimated cash proceeds at closing of c. EUR 160 million, after excess cash distribution. The closing of the transaction is expected in Q1 2026 subject to the works council consultation process. Worldline is a European leader in payment services, listed on Euronext Paris, that generated a 4.6 billion euros revenue in 2024. The divestment of PaymentIQ marks a further step in Worldline’s strategic refocus on core European payment activities and a new milestone in its simplification journey, as part of the North Star transformation plan. Gernandt & Danielsson advises Worldline with a team lead by partner Corinne Ekman, senior associate Simona Stenborg and associate Elias Vahman, mainly assisted by partners Oscar Anderson (Regulatory), Peter Forsberg (Competition), senior associates Rikard Sundstedt (Regulatory) and Astrid Svensson (Data Protection) and associates Sofie Hallén (Competition) and Olle Häglund (Corporate).

Gernandt & Danielsson advises in connection with Betsson AB's (publ) (“Betsson") issue of corporate bonds in a total amount of EUR 70 million. Betsson will apply for admission to trading of the bonds on Nasdaq Stockholm. Gernandt & Danielsson also advises in Betsson’s tender offer and early redemption under outstanding bonds 2023/2026. Betsson is an engaged owner of fast-growing companies in the online gaming industry. Betsson is one of the leading online gaming groups worldwide and has the ambition to grow faster than the market, organically and through acquisitions. Betsson is listed on Nasdaq Stockholm Large Cap (BETS-B). Gernandt & Danielsson advises Betsson with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Jakob Forsell and associate Einar Brunsberg.

Gernandt & Danielsson has advised Prisma Properties in connection with its issue of green bonds in a total amount of SEK 500 million with maturity in 2029. Prisma Properties will apply for admission to trading of the bonds on the sustainable bond list of Nasdaq Stockholm. Prisma Properties is a Swedish real estate group focusing on modern properties in the discount retail, grocery retail, and quick-service restaurant sectors. Gernandt & Danielsson has advised Prisma Properties with a team consisting of partner Mikael Borg, senior associate Simon Wetterholm and associate Erik Schwartz.

Gernandt & Danielsson advises in HLL BondCo AB's (publ) (“HLL BondCo”) issue of corporate bonds in a total amount of SEK 425 million within a framework of SEK 850 million and in HLL BondCo’s acquisition of a majority stake in HLL Hyreslandslaget AB, a machine rental company engaged in the rental and trade of machinery, containers and sheds, consumables and personal protective equipment for the construction industry, as well as consulting and leasing in these areas of activity. The proceeds from the bond issue have been used to part-finance the acquisition. HLL BondCo will apply for admission to trading of the bonds on the corporate bond list of Nasdaq Stockholm. Gernandt & Danielsson advises HLL BondCo with a team consisting of partners Mikael Borg and Mikael Bolling as well as senior associates Jakob Forsell (Financing/DCM) and Joel Olsson (M&A) and associates Erik Karlsson (Financing/DCM), Siri Telmen (M&A) and Viktor Lundberg (M&A). ABG Sundal Collier has acted as financial advisor in connection with the transaction.

Gernandt & Danielsson advises Titania Holding AB (publ) and its subsidiaries ("Titania") in connection with the signing of a building credit agreement totalling SEK 975 million with Triol Bostadskreditfond AB and Triol Kreditstruktur II AB, for the purpose of financing the construction and development of a certain existing development property. Titania is a real estate company with a focus on its own development of housing in the Stockholm region and is responsible for major urban development projects from the early stages of the detailed planning process to completed new residential areas. Titania is listed on Nasdaq First North. Gernandt & Danielsson advises Titania with a team consisting of partners Mikael Borg and Mikael Bolling and associates Jonathan Antonsson and Erik Karlsson.   Substances Crime, law, legal issues Categories Banking & finance Mikael Borg Mikael Bolling Regions Stockholm

Gernandt & Danielsson has advised TF Bank AB (publ) (“TF Bank”) in its issue of Tier 2 bonds in a total amount of SEK 150 million and the concurrent redemption of its outstanding SEK 100 million Tier 2 bonds. TF Bank is a fast-growing digital credit and payment platform operating in 14 European countries. Through its proprietary IT infrastructure, TF Bank develops simple and flexible payment and financing solutions for millions of customers. Since its founding in 1987, TF Bank has consistently combined growth with profitability, and following the stock market listing in 2016, this development has continued with a strong focus on scalability and automation. TF Bank is listed on Nasdaq Stockholm. Gernandt & Danielsson has advised TF Bank with a team consisting of partners Mikael Borg and Mikael Bolling and associates Einar Brunsberg and Amanda Kull.

Gernandt & Danielsson has advised DLL in a licence restructuring regarding its Nordic operations. On 23 October 2025, DLL’s Swedish subsidiary De Lage Landen Finans AB returned its licence to conduct financing business to instead become registered as a financial institution. The operations of De Lage Landen Finans AB's Danish and Finnish branches will continue under local registrations. Simultaneously, De Lage Landen Finans AB has ended its Norwegian branch, which has been replaced by a new branch established on a cross-border basis by DLL's Dutch credit institution De Lage Landen International B.V. Gernandt & Danielsson has advised DLL with a team consisting of partner Niclas Rockborn and associate Sebastian Kjellkvist.

Gernandt & Danielsson has advised in Stenhus Fastigheter i Norden AB’s (publ) (“Stenhus Fastigheter”) issuance of senior unsecured sustainable corporate bonds in a total amount of SEK 500 million as well as a tender offer and early redemption of Stenhus Fastigheter’s existing senior unsecured green corporate bonds of series 2023/2026. Gernandt & Danielsson has advised Stenhus Fastigheter with a team consisting of partner Mikael Borg, senior associate Simon Wetterholm as well as associate Samuel Gilljam.

Karnov Group AB (publ), listed on Nasdaq Stockholm, announced on 8 November 2025 that it had entered into an agreement with Infopro Digital Group to divest its Environment, Health and Safety (EHS) division (comprising Notisum AB, Notisum ApS, Echoline SAS and QSE Conseil SAS) for a cash purchase price of EUR 92 million, on a cash- and debt-free basis. Gernandt & Danielsson advises Karnov Group with a core team led by partners Gustav Skogö Nyvang and Pär Johansson as well as senior associates Robin Skoglund Rovén and Joel Olsson, primarily assisted by partner Peter Forsberg (FDI/Competition), senior associates Astrid Svensson (IT, Data Protection and IP) and Gustav Lindgren (Employment) as well as associates Sofie Hallén (FDI/Competition), Samuel Gilljam (Corporate), Amanda Kull (Corporate) and Ralph Bitar (FDI/Competition).

Gernandt & Danielsson has advised BlackRock on their acquisition and also the financing of a logistics property in Vaggeryd, Jönköping. The transaction took place through the acquisition of the shares in the property-owning company, and involves the development and construction of a modern parcel terminal for the tenant PostNord. PostNord is investing SEK 1.1 billion in the new high-tech and sustainable terminal, which will be able to process 25,000 packages per hour, achieving the highest capacity in Sweden. The parcel terminal is expected to be finished in Q2 2027. Gernandt & Danielsson's team for the transaction consisted of partners Magnus Lidman, Mikael Bolling and Peter Forsberg, senior associate Alexander Thörnberg and associates Erik Schwartz, Sofie Hallén, Sanna Pettersson and Viktor Rytter.

Gernandt & Danielsson advises in Trustly Holding AB's (publ) issue of senior secured bonds in a total amount of EUR 375 million. Pareto Securities (the "Sole Bookrunner") has acted as sole bookrunner in relation to the bond issue. Gernandt & Danielsson advises the Sole Bookrunner with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Jakob Forsell and associates Erik Schwartz and Viktor Rytter.

Gernandt & Danielsson advises Voi Technology AB (publ) (“Voi") in connection with its issue of subsequent corporate bonds in a total amount of EUR 40 million within its existing framework of EUR 125 million, as well as in connection with Voi's concurrent written procedure under its outstanding bonds. Voi will apply for admission to trading of the subsequent bonds on the corporate bond list of Nasdaq Stockholm. Gernandt & Danielsson advises Voi with a team consisting of partner Mikael Borg, senior associate Jakob Forsell and associate Erik Karlsson.

Gernandt & Danielsson advises a consortium consisting of AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments in connection with the launch of the joint company Sferical AI AB, which will operate a new sovereign AI supercomputer to transform and prepare the country's leading industries for the age of AI. The AI initiative is part of a collaboration with NVIDIA that aims to strengthen the competitiveness of Swedish industry by offering participating companies world-leading computing power for AI in an integrated, sovereign and secure infrastructure. In parallel with the launch of the new company, work will begin on establishing an NVIDIA AI Technology Centre in Sweden. The centre will work with the participating companies to tailor the company's AI systems and develop new applications. In the long term, the centre will also support the broader Swedish business community with skills enhancement initiatives such as NVIDIA Deep Learning Institute training. Gernandt & Danielsson's team is led by partner Oscar Anderson, mainly assisted by partners Mats Hugoson, Sofie Viktorsson (financing) and Peter Forsberg (competition law) as well as senior associate Astrid Svensson (AI and privacy) and associates Philip Börnå, Alexander Thörnberg (financing) and Matilda Ellman.