Gernandt & Danielsson Advokatbyrå

Gernandt & Danielsson advises in Flower Infrastructure Technologies MidCo AB's (publ) ("Flower") issue of secured corporate bonds of SEK 700 million within a framework of SEK 1,000 million. Flower will apply for admission to trading of the bonds on Nasdaq Stockholm. ABG Sundal Collier AB and Nordea Bank Abp acted as joint bookrunners in relation to the bond issue. Gernandt & Danielsson advises with a team consisting of partner Mikael Bolling, senior associate Simon Wetterholm and associates Einar Brunsberg and Vanessa Sidlo.

Gernandt & Danielsson advises in Titania’s issuance of senior unsecured sustainable bonds in the amount of SEK 525 million under a framework of SEK 1,000 million, and in the early redemption of the Company's existing senior secured sustainable bonds 2023/2026. Titania is a real estate company focused on the development of residential properties in the Stockholm region. The company was founded in 2005 and is listed on Nasdaq First North. Gernandt & Danielsson's team consisted of partners Mikael Borg and Mikael Bolling and senior associates Jonathan Antonsson, Erik Karlsson and Amanda Alexandersson.    

Gernandt & Danielsson has advised LR Health & Beauty SE (“LR Health”) on a successful restructuring of the company’s capital structure. Gernandt & Danielsson advised LR Health with a team consisting of partners Mikael Borg and Sofie Viktorsson, senior associate Jonathan Antonsson as well as associates Einar Brunsberg and Jacob Linder.

Gernandt & Danielsson has acted as legal advisor in connection with the conclusion of a share purchase agreement between TF Bank AB (publ) in its capacity as seller and Alektum Holding AB (publ) as well as Erik Selin Fastigheter AB as buyers, regarding the transfer of a majority stake in Rediem Capital AB. Closing, which is expected to take place on 31 December 2024, is subject to customary approvals from, inter alia, the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). Rediem is a credit market company (Sw. kreditmarknadsbolag) focused on the acquisition of non-performing exposures (so called NPL) and the ambition is that Rediem on 1 January 2025 will be able to obtain the status of a so called specialised debt restructurer (Sw. specialiserad skuldomstrukturerare). TF Bank has previously transferred NPL portfolios to Rediem and Alektum Holding intends to transfer its NPL portfolios to Rediem after closing and during the first half of 2025. After these transfers, Rediem's total NPL portfolio is estimated to amount to approximately SEK 7,500 million. Gernandt & Danielsson has advised with a team led by partner Mikael Borg (Corporate), mainly assisted by senior associate Mikael Nagy (Corporate) and associate Vanessa Sidlo (Corporate) and partners Niclas Rockborn (Regulatory) and Mikael Bolling (Finance), mainly assisted by associates Sebastian Kjellkvist (Regulatory), Einar Brunsberg (Finance) and August Hansson (Regulatory). Pressmeddelande - 8 Oktober 2024

Gernandt & Danielsson advised a consortium led by entrepreneur Kamjar Hajabdolahi, CEO and founding partner of BLQ Invest, on financial regulatory matters in connection with the acquisition of Klarna Checkout from Klarna. The buyers, who took ownership of Klarna Checkout on 1 October, will operate the business under the new name Kustom. Klarna Checkout is a digital checkout solution for e-commerce. The solution was launched in 2012 and is a market leader with over 40 per cent market share in Sweden and over 20 per cent in the Nordic region. Gernandt & Danielsson's team comprised partner Niclas Rockborn and senior associate Arijan Kan Pressmeddelande - 8 Oktober 2024

Gernandt & Danielsson advises the sellers in connection with the sale of a majority stake in Schysst käk Sverige AB to Agra. Schysst Käk is one of the fastest growing companies in the Swedish food sector and sells kebab, sauces, bread and accessories in accordance with its meal concept "Hemmakebab". Gernandt & Danielsson's team consists of partner Carl Westerberg, senior associates Matteus Özer and Joel Ståhl, as well as partner Foad Hoseinian (antitrust and FDI) and associate Sofia Hagelqvist (antitrust and FDI). Pressmeddelande - 12 November 2024

M&G’s private corporate credit lending capabilities stretch back nearly 25 years, when it was the first non-bank lender to invest in European leveraged loans. Investing in private credit strategies on behalf of external clients and its Life business, M&G’s private markets business enables clients to gain access to new sources of higher yielding investment strategies. With origins dating back to 2002, P Capital Partners has one of the longest track records in European direct lending, investing in more than 170 companies. It specialises in providing bespoke financing solutions to mid-sized businesses who often encounter challenges in securing loans through traditional channels and may not wish to sell equity stakes to fuel growth. Gernandt & Danielsson advises M&G with a team consisting of partners Gustav Skogö Nyvang and Gabriel Zsiga, senior associate Oliver Cherek Sutalo, associates Elias Vahman, Edvin Andersson and Jacob Linder, mainly assisted by partners Niclas Rockborn (financial regulation), Andreas Holmqvist (employment), Sofie Viktorsson (financing) and Foad Hoseinian (competition), senior associates Arijan Kan (financial regulation) and Astrid Svensson (data protection, IP and IT), associates Sofie Hallén (financial regulation) and Sofia Hagelqvist (competition).

ICA Gruppen AB (publ) is one of the leading retail companies in the Nordics with a focus on food and health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct grocery retail, ICA Real Estate which owns and manages properties, ICA Bank which offers financial services, ICA Insurance and Apotek Hjärtat which conducts pharmacy operations. The transaction will release funds for ICA Gruppen, that will enable continued investments in and allocations of resources to the Swedish business to strengthen and broaden the customer offerings on the core Swedish market. Gernandt & Danielsson advises ICA Gruppen with a team led by partners Corinne Ekman and Manfred Löfvenhaft, mainly assisted by partner Oscar Anderson, senior associate Simona Stenborg and associates Holly Karlander, Amanda Kull and Elias Vahman, as well as specialist partner Foad Hoseinian (competition/FDI), senior associates Astrid Svensson (Data protection) and Martin Zeitlin (IP) as well as associate Sofia Hagelqvist (competition/FDI). The pan-Baltic law firm Walless has assisted Gernandt & Danielsson as local counsel with a team led by managing partner Dovilė Burgienė and expert partner Artūras Grimaila.

On 20 March 2025, Anatom Holding AG and other separate entities, all owned by different members of the Kahane family, entered into agreements to acquire class A shares and class B shares in BioGaia AB from Annwall & Rothschild Investments AB, another member of the Rothschild family and David Dangoor (BioGaia’s Vice Chairman). The transaction is conditional on the approval by the Swedish Inspectorate of Strategic Products. Before completion, certain class A shares sold under the transaction shall be converted into class B shares based on a conversion clause which will be introduced to BioGaia’s articles of association after approval at BioGaia’s upcoming annual general meeting. After completion of the transaction, Anatom will own 7.3 per cent of the shares and 18.7 per cent of the votes in BioGaia. The other acquiring entities will own 3.7 per cent of the shares and 9.3 per cent of the votes in BioGaia. BioGaia’s class B shares are listed on Nasdaq Stockholm. Gernandt & Danielsson advises the buyers with a team consisting of partner Fredrik Palm, senior associates Daniel Sveen and Arijan Kan as well as associate Jacob Linder.

On 31 March 2025, a bid consortium consisting of EQT X and First Kraft announced a public cash offer to the shareholders of Fortnox Aktiebolag. The offer values all shares in Fortnox at SEK 54.9 billion. The board of directors of Fortnox recommends the shareholders to accept the offer. Gernandt & Danielsson advises the board of directors of Fortnox with a team led by partner Mikael Borg, senior associate Daniel Sveen and associate Siri Telmen, mainly assisted by partner Niclas Rockborn, senior associates Rikard Sundstedt and Astrid Svensson as well as associate Sofie Hallén.

Gernandt & Danielsson has represented Carnegie Investment Bank in a case against the Swedish Financial Supervisory Authority (Finansinspektionen) concerning the interpretation and application of the Market Abuse Regulation (MAR). The case is pending in the Supreme Court, which has requested a preliminary ruling by the European Court of Justice. The case concerns whether information about an individual being listed in an insider register can in itself constitute insider information. This raises questions about, inter alia, how banks are able to act when pledged shares need to be sold to reduce credit exposure – and if incorrect or incomplete insider information can create particular problems or advantages in the financial market. Gernandt & Danielsson’s team consists of partners Niclas Rockborn and Daniel Waerme, together with senior associate Rickard Tinglöf and associate Fredrik Lagergren. Carnegie Investment Bank was represented by Niclas Rockborn and Daniel Waerme at the oral hearing before the European Court of Justice. We are proud to contribute with our expertise in this important matter for the financial market.

Gernandt & Danielsson advises in TP Aerospace Holding I A/S' issue of secured bonds in a total amount of USD 130 million within a framework of USD 250 million. Pareto Securities AS has acted as sole bookrunner in relation to the bond issue. Gernandt & Danielsson advises Pareto Securities AS with a team consisting of partners Mikael Borg and Mikael Bolling as well as associates Jonathan Antonsson, Einar Brunsberg and Jacob Linder.

G&D advises Procuritas Capital Investors V and the minority shareholders in the sale of Swedish Electromagnet Invest AB (publ) with subsidiaries to PHINIA Inc. (NYSE:PHIN). SEM is a leading global supplier with over 100 years of industrial experience and deep knowledge of electromagnetic applications producing advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors primarily for the commercial vehicle, industrial, and off-highway markets. Gernandt & Danielsson advised Procuritas Capital Investors V and minority shareholders with a team led by partner Fredrik Palm, senior associate Fredrik Haräng and associate Erik Schwartz, primarily assisted by partner Peter Forsberg (Competition), senior associates Gustav Lindgren (Employment) and associates Sofie Hallén (Competition) and Sanna Pettersson (Corporate).

Gernandt & Danielsson advises in connection with Force BidCo A/S ("FairWind") issue of sustainability-linked bonds in a total amount of EUR 75 million under a framework of EUR 150 million. FairWind will apply for admission to trading of the bonds on the sustainable bond list of Nasdaq Stockholm. Gernandt & Danielsson also advises in relation to the early redemption of FairWind's outstanding corporate bonds 2021/2026. ABG Sundal Collier AB and Arctic Securities AS, filial Sverige have acted as joint bookrunners in connection with the bond issue. Gernandt & Danielsson advises ABG Sundal Collier AB and Arctic Securities AS, filial Sverige with a team consisting of partners Mikael Borg and Mikael Bolling as well as associates Alexander Thörnberg, Erik Karlsson and Viktor Lundberg.

Gernandt & Danielsson advises the sellers in connection with the sale of CheckWatt AB to Emaldo Ltd. CheckWatt is an energy service company, which offers metering, control and IT systems in energy efficiency and renewable energy. Gernandt & Danielsson's team is led by partner Fredrik Palm, senior associate Fredrik Haräng as well as associates Mathilda Wallén and Jacob Linder, mainly assisted by senior associates Astrid Svensson, Martin Zeitlin and Gustav Lindgren, as well as associate Edvin Andersson.

Gernandt & Danielsson advises in Circular Tire Service Europe Holding AB's (publ) issue of subsequent bonds in a total amount of SEK 400 million under its existing framework of SEK 2,600 million. ABG Sundal Collier AB, Pareto Securities AS and Skandinaviska Enskilda Banken AB (publ) (the "Joint Bookrunners") have acted as joint bookrunners in relation to the bond issue. Gernandt & Danielsson advises the Joint Bookrunners with a team consisting of partners Mikael Borg and Mikael Bolling as well as associates Jonathan Antonsson and Einar Brunsberg.

On 13 June 2025, Enity Holding AB (publ) was listed on Nasdaq Stockholm. In connection with the listing, the main shareholder, which is controlled by EQT VII, offered the general public in Sweden and Finland as well as Swedish and international institutional investors to acquire existing shares in Enity for a total offering price of SEK 1,672 million (including the overallotment option). Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB are Joint Global Coordinators and Joint Bookrunners and ABG Sundal Collier AB is Joint Bookrunner in connection with the listing and the offering. Gernandt & Danielsson advises Nordea, SEB and ABGSC with a team consisting of partner Fredrik Palm, senior associate Daniel Sveen and associate Olle Häglund.

Gernandt & Danielsson has advised in ADDvise Group AB’s (publ) (“ADDvise") issuance of senior unsecured corporate bonds in a total amount of SEK 800 million and entry into of a new secured facilities agreement of SEK 450 million as well as a tender offer and early redemption of ADDvise's existing bonds 2023/2026 and 2024/2027. Gernandt & Danielsson has advised ADDvise with a team consisting of partners Mikael Borg and Sofie Viktorsson as well as associates Jonathan Antonsson, Einar Brunsberg and Amanda Alexandersson.

Gernandt & Danielsson has advised ABG Sundal Collier AB and Pareto Securities AB in connection with a SEK 360 million private placement of new shares in Verve Group SE. Investors in the private placement includes Swedish and international institutional investors.   Gernandt & Danielsson's team consisted of partners Mikael Borg, Oscar Anderson, senior associate Mikael Nagy as well as associates Siri Telmen and Liza Hjulström, mainly assisted by partner Peter Forsberg (FDI). Ämnen Brott, juridik, rättsfrågor Kategorier Equity Capital Markets Mikael Borg Bolags- och börsrätt Oscar Anderson Regioner Stockholm Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

Gernandt & Danielsson advises Titania Holding AB (publ) (”Titania”) in connection with its issue of subsequent sustainable bonds in a total amount of SEK 175 million under the existing framework of SEK 1,000 million. Gernandt & Danielsson advises Titania with a team consisting of partners Mikael Borg and Mikael Bolling as well as associates Jonathan Antonsson, Erik Karlsson and Amanda Alexandersson. Ämnen Brott, juridik, rättsfrågor Kategorier Debt Capital Markets Mikael Borg Mikael Bolling Regioner Stockholm Gernandt & Danielssons är en av de ledande svenska advokatbyråerna inom svensk och internationell affärsjuridik. Vi är en fullservicebyrå med särskilt fokus på transaktioner, tvistlösning och finansiella tjänster. På kontoret i Stockholm arbetar idag 150 medarbetare varav 100 jurister. För mer information besök www.gda.se

Gernandt & Danielsson advised in Reima Group Holding Oy's issue of secured bonds of EUR 25 million within a framework of EUR 40 million. Pareto Securities AB has acted as sole bookrunner in relation to the bond issue. Gernandt & Danielsson advised Pareto Securities AB with a team consisting of partner Mikael Borg, senior associate Jakob Forsell as well as associates Jonathan Antonsson and Einar Brunsberg. Ämnen Brott, juridik, rättsfrågor Kategorier Debt Capital Markets Mikael Borg Regioner Stockholm Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

Gernandt & Danielsson has advised Storskogen Group AB (publ) (“Storskogen") in connection with an issue of corporate bonds in an amount of SEK 1.25 billion.   The bonds have been admitted to trading on the corporate bond list of Nasdaq Stockholm. Gernandt & Danielsson also advised in Storskogen’s tender offer and early redemption in relation to its outstanding bonds 2023/2027. Gernandt & Danielsson has advised Storskogen with a team consisting of partners Mikael Borg and Sofie Viktorsson as well as associates Mathilda Wallén and Einar Brunsberg. Ämnen Brott, juridik, rättsfrågor Kategorier Debt Capital Markets Mikael Borg Sofie Viktorsson Regioner Stockholm Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

Gernandt & Danielsson advises in European Entertainment Group AB's (publ) issue of secured bonds in a total amount of EUR 585 million within a framework of EUR 800 million. ABG Sundal Collier and Pareto Securities (the "Joint Bookrunners") have acted as bookrunners in relation to the bond issue. Gernandt & Danielsson, with Partner Mikael Borg and Senior Associate Jakob Forsell, advises the Joint Bookrunners, mainly assisted by Senior Associate Mathilda Wallén and Associate Einar Brunsberg.

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.

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 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 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.

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 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.

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 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 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 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 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 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 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).

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 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 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 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).  

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 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.

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.

In connection with Force BidCo A/S ("FairWind"), Gernandt & Danielsson advises on the issuance of additional sustainability-linked bonds in an amount totalling EUR 20 million within its existing EUR 150 million bond framework. FairWind will apply for admission to trading of the bonds on Nasdaq Stockholm's list of sustainable bonds. Arctic Securities AS, Sweden Branch has acted as arranger in connection with the bond issue. Gernandt & Danielsson advises Arctic Securities AS, Sweden branch with a team consisting of partners Mikael Borg and Mikael Bolling and senior associate Erik Karlsson.

On 18 July 2025, Telia Company AB announced a public offer to the shareholders of Bredband2 i Skandinavien AB. The offer consideration valued all shares in Bredband2 at SEK 3.1 billion. On 17 October 2025, the Swedish Competition Authority announced that it would initiate an in-depth investigation (a so-called “phase 2” investigation) of the transaction. On 22 December 2025, Telia received competition approval and announced that all necessary regulatory approvals had thus been received. Today on 2 February 2026, Telia announced that shareholders owning 96.70% of the shares in Bredband2 have accepted the offer and that Telia completes the offer. Gernandt & Danielsson has advised the board of directors of Bredband2 with a team consisting of partners Corinne Ekman, Manfred Löfvenhaft and Daniel Sveen, mainly assisted by partner Peter Forsberg (competition law) and associates Sofie Hallén (competition law) and Siri Telmen (corporate).

On 3 February 2026, the board of directors of Fasadgruppen Group AB (publ) resolved on a rights issue of SEK 504 million, subject to approval by an extraordinary general meeting. The rights issue is fully secured by subscription and guarantee undertakings from Fasadgruppen’s largest shareholders, board members, senior executives and other key employees as well as certain external investors. In connection with the rights issue, Fasadgruppen has agreed with its lending banks on certain amendments to its existing loan facility agreement. Gernandt & Danielsson advises Fasadgruppen with a team consisting of partners Fredrik Palm, Sofie Viktorsson (financing) and Daniel Sveen as well as senior associate Simon Wetterholm (financing) and associate Jacob Linder.

Gernandt & Danielsson has advised Ankarhagen in connection with its issue of green bonds in a total amount of SEK 200 million with maturity in 2029. Ankarhagen will apply for admission to trading of the bonds on the sustainable bond list of Nasdaq Stockholm. Ankarhagen is a Swedish real estate group focusing on on acquiring, developing and managing commercial properties, primarily in the warehouse and light industry sectors. Gernandt & Danielsson has advised Ankarhagen with a team consisting of partners Mikael Borg, Mikael Bolling, senior associate Simon Wetterholm and associate Viktor Rytter.

Gernandt & Danielsson advises in connection with Zengun Group AB's (publ) (“Zengun") issue of secured bonds in a total amount of SEK 750 million within a framework of SEK 1,500 million. Zengun will apply for admission to trading of the bonds on Nasdaq Stockholm. Gernandt & Danielsson also advises in Zengun's early redemption under its outstanding bonds 2024/2028. ABG Sundal Collier AB and DNB Carnegie Investment Bank (publ) acted as joint bookrunners in relation to the bond issue. Gernandt & Danielsson advises the joint bookrunners with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Jakob Forsell and associate Einar Brunsberg.

Gernandt & Danielsson advises Titania Holding AB (publ) and its subsidiaries (“Titania") in connection with the acquisition of the property Järfälla Barkarby 2:92 (the "Property") and the entry into a construction credit facilities agreement in a total amount of SEK 847.2 million with, among others, Kinnerton Credit Management A/S, for the purpose of financing the construction and development of the Property. Titania is a property company with a focus on self-development of housing in the Stockholm region and is responsible for major urban development projects from the early stages of the zoning 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 as well as associates Viktor Rytter and Amanda Alexandersson.

Gernandt & Danielsson advised TÜV NORD GROUP in connection with its acquisition of RISE Medical Notified Body AB (“RISE MNB”) from the Swedish state-owned company RISE Research Institutes of Sweden AB. RISE MNB is a notified body for medical devices according to the Medical Device Regulation (MDR) 2017/745 and is accredited according to ISO 13485 for certification by SWEDAC. With the acquisition, RISE MNB will be renamed TÜV NORD Scandinavia MNB. TÜV NORD GROUP is an international group with more than 15,000 employees and with operations in more than 100 countries. TÜV NORD GROUP has been active in Sweden for 25 years, primarily in the nuclear industry, in service inspection and conformity assessment of pressure equipment. Gernandt & Danielsson advised TÜV NORD GROUP with a team consisting of partner Carl Westerberg and senior associate Joel Ståhl, mainly assisted by partner Peter Forsberg (FDI) and associate Sofie Hallén (FDI).

Gernandt & Danielsson has advised joint bookrunners on DSI Holding GmbH's issuance of senior secured corporate bonds in the amount of EUR 90 million under a framework of EUR 150 million. DSI Holding GmbH is part of the DYWIDAG group, a specialist engineering business providing products and services to stabilise ground and to construct and strengthen concrete structures. The group also provides specialist monitoring and inspection services. The main service lines are post-tensioning systems, geotechnical products for ground support, repair and strengthening services, stay cable system design and installation, monitoring of structures and structural elements and products for reinforced concrete construction. Gernandt & Danielsson has advised joint bookrunners with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Simon Wetterholm and associate Samuel Gilljam. Ämnen Brott, juridik, rättsfrågor Kategorier Debt Capital Markets Mikael Borg Mikael Bolling Regioner Stockholm Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

Gernandt & Danielsson has advised ABG Sundal Collier in International Personal Finance's issue of senior unsecured notes in an amount of SEK 1 billion under its EMTN programme. The notes have been admitted to trading on the Frankfurt Open Market. International Personal Finance is the holding company of a global consumer finance business, helping people excluded from mainstream finance to access credit. Gernandt & Danielsson has advised ABG Sundal Collier as dealer with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Simon Wetterholm and associate Amanda Alexandersson. Ämnen Brott, juridik, rättsfrågor Kategorier Debt Capital Markets Mikael Borg Mikael Bolling Regioner Stockholm Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

Gernandt & Danielsson has advised in NP3 Fastigheter’s issue of green bonds in a total amount of SEK 400 million under the existing MTN programme with a total framework amount of SEK 5 billion. NP3 Fastigheter is listed on Nasdaq Stockholm, Large Cap. Nordea Bank Abp and Skandinaviska Enskilda Banken AB (publ) acted as joint bookrunners in connection with the bond issue. Gernandt & Danielsson has advised NP3 Fastigheter with a team consisting of partner Mikael Borg and senior associate Simon Wetterholm.

Gernandt & Danielsson has advised Transcom Holding AB (publ) (“Transcom”) in its exchange offer which exchanged the majority of Transcom's existing senior secured notes in a total outstanding amount of EUR 380,000,000 for new senior secured notes in a total outstanding amount of EUR 322,320,000 due 2030. Gernandt & Danielsson also advised Transcom in its establishment of an EUR 75,000,000 additional facility under an existing revolving credit facilities agreement, which was used to refinance the existing facilities under the revolving credit facilities agreement. Gernandt & Danielsson has advised Transcom with a team consisting of partners Mikael Borg and Sofie Viktorsson, senior associate Alexander Thörnberg and associate Viktor Lundberg.

Gernandt & Danielsson advises ABG Sundal Collier and Pareto Securities in HomeToGo's issuance of senior secured corporate bonds in the amount of EUR 101 million under a framework of EUR 200 million. HomeToGo is Europe's leading vacation rental group with 20M+ vacation rental offers across thousands of trusted partners. Gernandt & Danielsson advises ABG Sundal Collier and Pareto Securities with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Simon Wetterholm and associate Viktor Rytter.

Gernandt & Danielsson has advised Coeli Group AB (publ) in its issue of Additional Tier 1 notes in a total amount of SEK 78 million and Tier 2 notes in a total amount of SEK 115 million. Gernandt & Danielsson has advised Coeli Group with a team consisting of partners Niclas Rockborn and Mikael Bolling, senior associate Simon Wetterholm and associate Vanessa Sidlo.

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 2030 under a total framwork of SEK 1,000 million. Prisma Properties will apply for admission to trading of the bonds on the sustainable bond list of Nasdaq Stockholm. Gernandt & Danielsson has advised Prisma Properties with a team consisting of partner Mikael Borg, senior associate Simon Wetterholm and associate Ayda Jakobsson Hatay. Ämnen Brott, juridik, rättsfrågor Kategorier Debt Capital Markets Mikael Borg Regioner Stockholm

On 11 May 2026, Butterfly HoldCo Pte. Ltd, a company indirectly controlled by the EQT VII fund, carried out a sale of its remaining shareholding in Enity Holding AB (publ) at a total consideration of approximately SEK 768 million. 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 Genova in connection with its issue of green corporate bonds in a total amount of SEK 400 million under a framework of SEK 600 million. Gernandt & Danielsson advises Genova with a team consisting of partner Mikael Borg, senior associate Simon Wetterholm and associates Erik Schwartz and Marija Gorlova.

Gernandt & Danielsson advises Collaxio AB (publ)("Collaxio") in connection with its acquisition of eight portfolio holdings from Aggregate Stockholm AB ("Aggregate Media") against shares in Collaxio corresponding to approx. SEK 18.5 million (calculated based on the closing price of Collaxio's share on Nasdaq First North Growth Market on 19 February 2026). Collaxio is a Swedish investment company that acquires and develops portfolios of investments in unlisted assets. The company is listed on Nasdaq First North Growth Market. Gernandt & Danielsson advises Collaxio with a team consisting of partner Gabriel Zsiga and associate Siri Telmen.

On 27 April 2026, a consortium consisting of Triton Fund 6, Bolero, Patrick Comer and Brett Schnittlich announced a public cash offer to the shareholders of Cint Group AB (publ). The offer values all shares in Cint at SEK 1,989 million. The board of directors of Cint recommends the shareholders to accept the offer. Gernandt & Danielsson advises the board of directors of Cint with a team led by partners Carl Westerberg and Daniel Sveen as well as associate Siri Telmen, mainly assisted by partner Peter Forsberg and associates Philip Börnå and Sofie Hallén.

Gernandt & Danielsson advises KlaraBo Sverige AB ("KlaraBo") on a combined transaction comprising (i) KlaraBo's acquisition of a residential property portfolio comprising approximately 4,100 flats from SBB i Norden AB and (ii) a merger with Sveafastigheter AB (publ) ("Sveafastigheter"), with Sveafastigheter as the surviving company. The transaction is expected to be completed in September 2026. The combined company will have a property value of approximately SEK 47 billion and approximately 26,500 flats. Sveafastigheter and KlaraBo are listed on Nasdaq Stockholm. Gernandt & Danielsson has advised KlaraBo with a team led by partner Mikael Borg and otherwise consisting of partners Gabriel Zsiga, Mikael Bolling, Anna Eriksson, counsel Fredrik Haräng, senior associates Mikael Yemen, Jessica Khoo and associates Vanessa Sidlo, Viktor Rytter, Viktor Lundberg, Agnes Ulfwinger, Ayda Jakobsson Hatay and Josefin Lindstedt. Partner Peter Forsberg and associate Sofie Hallén have advised on competition law matters, and partner Andreas Holmqvist has advised on employment law matters.

Gernandt & Danielsson advises the selling partners of Svalner Atlas Advisors in connection with the sale of the company to Ryan – a leading global tax services firm serving over 74,000 clients in more than 80 countries, headquartered in Plano, Texas, with more than 7,100 professionals globally. The transaction represents a significant milestone in Svalner Atlas Advisors' growth journey and substantially strengthens Ryan's presence and capabilities in the European market. Svalner Atlas Advisors is a leading independent advisory group specialising in tax and transactions in the Nordic region and Benelux, with over 450 employees. The firm is regularly recognised by leading industry publications – including a Tier 1 ranking by ITR World Tax, Band 2 by Chambers Europe and as a leading firm by Legal 500 EMEA.   Gernandt & Danielsson is advising the selling partners with a team consisting of partner Mikael Borg, senior associates Katarina Odelberg Folke and Joel Ståhl, as well as associate Olle Häglund. Ämnen Brott, juridik, rättsfrågor Kategorier Private M&A Mikael Borg Regioner Stockholm

Gernandt & Danielsson advised Paradox Interactive AB (publ) in connection with the listing of the company’s shares on Nasdaq Stockholm’s main market. The shares have previously been listed on Nasdaq First North Growth Market. Paradox Interactive is a leading developer and publisher of strategy and management games for PC and consoles. Paradox Interactive has at the time of change of listing a market cap of app. SEK 13.8 billion. Gernandt & Danielsson advised Paradox Interactive with a team consisting of partners Fredrik Palm and Oscar Anderson and associate Marija Gorlova.

Gernandt & Danielsson has advised Neqst and Netlight Consulting AB ("Netlight") in connection with its entry into a facilities agreement with Danske Bank as lender. The facilities agreement comprises three term loan facilities of SEK 400 million, EUR 150 million and CHF 10 million. Neqst is an investment company focused on technology growth companies. Since 2008, Neqst has invested in and successfully developed several companies, and is today an active owner with a long-term approach, combining operational and strategic knowledge with financial expertise. Netlight is one of Neqst's portfolio companies and is an IT and management consultancy firm employing over 2,200 people across offices in eleven countries. Netlight offers services in areas including system development, AI, sustainability and cyber security. Gernandt & Danielsson has advised Neqst and Netlight with a team consisting of partner Mikael Bolling, senior associates Alexander Thörnberg and Erik Karlsson, and associate Elin Törnkvist. Ämnen Brott, juridik, rättsfrågor Kategorier Banking & finance Mikael Bolling Regioner Stockholm Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

Gernandt & Danielsson advises SBP Kredit AB (publ) (“SBP Kredit") in connection with its issue of new secured loan notes in an amount of SEK 750,000,000 under a total framework of SEK 3,000,000,000, as well as in connection with SBP Kredit's concurrent redemption under its outstanding secured green participating debentures. SBP Kredit will apply for admission to trading of the loan notes on the Nordic AIF List of Nordic Growth Market. Gernandt & Danielsson advises SBP Kredit with a team consisting of partners Mikael Borg and Mikael Bolling, and senior associates Jakob Forsell and Jessica Khoo.

Gernandt & Danielsson advises in Citira's issue of secured bonds in an initial amount of EUR 60 million. ABG Sundal Collier, Pareto Securities and Skandinaviska Enskilda Banken (the "Joint Bookrunners") have acted as joint bookrunners in relation to the bond issue. Gernandt & Danielsson advises the Joint Bookrunners with a team consisting of partners Mikael Borg and Mikael Bolling as well as senior associate Jakob Forsell and associate Einar Brunsberg.

Gernandt & Danielsson advises Vaaka Partners Buyout Fund IV Ky in connection with its acquisition of HifabGruppen AB from Hultström Group AB (publ). The transaction, which is subject to approval at an extraordinary general meeting, is expected to be completed during the third quarter of 2026. HifabGruppen AB is an independent advisory and project management consultancy group operating within the real estate and civil construction sector. With 75 years of experience in the sector, HifabGruppen AB provides specialised expertise and experience to clients who own, develop and manage land, buildings, premises and infrastructure. Vaaka Partners is a Helsinki-based private equity firm and its flagship fund, Vaaka Partners Buyout Fund IV Ky, is a buyout fund focused on majority investments in small and mid-sized companies with strong market positions and significant growth potential. Gernandt & Danielsson advises Vaaka Partners with a team comprising partner Fredrik Palm, senior associates Simona Stenborg, Mikael Nagy, Joel Olsson, Holly Karlander, and associate Moa Fredriksson, primarily supported by partner Andreas Holmqvist (Employment), Mikael Bolling (Financing), Peter Forsberg (FDI), counsel Erika Olofsson (Corporate) and senior associates Arijan Kan (Compliance), Astrid Svensson (Data Protection and Regulatory), Martin Zeitlin (Intellectual Property), as well as associates Jacob Linder (Financing) and Agnes Ulfwinger (Employment). Ämnen Brott, juridik, rättsfrågor Kategorier Private Equity Private M&A Fredrik Palm Regioner Stockholm

Gernandt & Danielsson advises Netel's existing lenders on new financing arrangements relating to the proposed merger between Netel and Infrea. As announced by Netel on 15 June 2026, the merger will create a leading Northern European platform for infrastructure services, with combined revenue of approximately SEK 5 billion. The two companies complement each other in terms of service offering and customer exposure while operating in partly distinct geographical markets, and the combination is expected to generate significant synergies and strategic advantages. The transaction is expected to be completed during the fourth quarter of 2026. Gernandt & Danielsson advises the existing lenders with a team consisting of partners Mikael Borg and Mikael Bolling and senior associate Simon Wetterholm. Ämnen Brott, juridik, rättsfrågor Kategorier Bank och Finans Mikael Borg Mikael Bolling Regioner Stockholm  

Gernandt & Danielsson advised TMF Invest AB (“TMF”) in connection with its acquisition of EB Road Cargo Holding AB from EB Gruppen AB. EB Road Cargo is a transport and logistics group comprising approximately 580 vehicles and 430 employees across twelve offices in Sweden. TMF is a investment company with subsidiaries in sectors including property and equipment hire. Gernandt & Danielsson advised TMF with a team comprising partners Mikael Borg and Mikael Bolling, senior associate Joel Olsson and associate Oliver Ågren, primarily assisted by partner Peter Forsberg (FDI and Competition Law) and associate Sofie Hallén (FDI and Competition Law).

Gernandt & Danielsson has advised Volati AB (publ) (”Volati”) and Salix Group AB (publ) (“Salix Group”) in connection with the distribution of the subsidiary Salix Group to the ordinary shareholders in Volati by a so-called Lex Asea distribution. Salix Group’s shares were admitted to trading on Nasdaq Stockholm on 15 June 2026. Gernandt & Danielsson’s team consisted of partner Mikael Borg, senior associates Katarina Odelberg Folke and Jonathan Antonsson as well as associate Samuel Gilljam, primarily assisted by partner Sofie Viktorsson (banking and finance), senior associate Simon Wetterholm (banking and finance) and associate Marija Gorlova (public equity and corporate law).

Gernandt & Danielsson has advised the Finnish Foundation for Children’s Hospital and Research Institute Nadija sr (the “Nadija Foundation”) in connection with its establishment of Stiftelsen Nadija Research Foundation, an independent research foundation based in Stockholm, established in collaboration with eight leading international universities – the Universities of Zurich, Copenhagen, Linköping, Helsinki, Cambridge and New South Wales, the Danylo Halytsky Lviv National Medical University and the Ukrainian Catholic University, both in Lviv. Stiftelsen Nadija Research Foundation aims to develop and operate a research centre of excellence in Ukraine dedicated to psychotraumatology, child and adolescent psychology, mental health, resilience research and epigenetics. The foundation is an initiative of the Nadija Foundation, which was established in 2025 by founders in the Nordic countries in partnership with authorities and institutions in Ukraine, and is funded exclusively through donations. Gernandt & Danielsson’s team consisted of counsel Andreas Ek and regulatory trainee Marcus Luiga. For further information, please visit the Nadija Foundation’s website.

Gernandt & Danielsson has advised Svea Bank AB (publ) (“Svea Bank”) in its issue of Tier 2 bonds in a total amount of SEK 400 million. Gernandt & Danielsson has advised Svea Bank with a team consisting of partners Mikael Borg and Mikael Bolling and associate Vanessa Sidlo.

On 25 June 2026, Orrön Energy AB (publ) announced that it has agreed to sell its Nordic renewable energy platform (excluding the Karskruv wind farm) to Cloudberry Clean Energy ASA. The purchase price consists of a combination of cash and shares corresponding to approximately 27 per cent of the total number of shares and votes in Cloudberry. The transaction values the divested operations at an enterprise value of EUR 234.6 million. In connection with the transaction, Orrön Energy has secured a credit facility of EUR 50 million to support continued growth. The transaction is conditional upon approvals under applicable foreign direct investment legislation and by Cloudberry's general meeting of shareholders. Gernandt & Danielsson advises Orrön Energy with a team led by partners Carl Westerberg and Daniel Sveen and associate Philip Börnå, mainly assisted by partners Mikael Bolling (financing) and Peter Forsberg (competition and FDI), senior advisor Andreas Holmqvist (employment), senior associate Alexander Thörnberg (financing) and associates Sofie Hallén (competition and FDI) and Viktor Lundberg (financing).

The Swedish State has entered into an agreement to acquire 60 per cent of the shares in Videberg Kraft AB, a joint venture with the Industrial Consortium Industrikraft i Sverige AB and Vattenfall AB as other shareholders. Videberg Kraft AB intends to build and operate new nuclear power reactors on the Värö Peninsula in Varberg Municipality. The Swedish state, Industrikraft and Vattenfall AB have agreed on the main terms and conditions for risk-sharing and financing of the nuclear power project, including state aid that the government must notify to the European Commission for state aid review. Gernandt & Danielsson's client Industrikraft consists of ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso and the Volvo Group. Gernandt & Danielsson advises Industrikraft with a team led by partner Mats Hugoson, assisted by partners Björn Svensson and Pär Johansson, senior associates Robin Skoglund Rovén and Amanda Alexandersson and associate Samuel Gilljam.

Gernandt & Danielsson has advised Union Investment Real Estate GmbH on the acquisition of the newly built Kållered Retail Park in Mölndal, south of Gothenburg. The transaction was structured as a share purchase deal. The recently completed property comprises 19,400 sqm of lettable area, is fully let with tenants including Coop, Lidl, Systembolaget, Jysk, Hemtex and Dollarstore, and is located adjacent to IKEA's store in Kållered. The purchase price amounts to approximately SEK 900 million. The acquisition was made for Union Investment's open-ended real estate fund UniImmo: Deutschland. The seller was Ingka Centres, part of the Ingka Group. Gernandt & Danielsson advised Union Investment in the transaction with a team consisting of partner Magnus Lidman, senior associate Mikael Yemen, and associates Sofie Hallén, Johan Tivéus Kronlund, Viktor Rytter, Josefin Lindstedt and Elin Törnkvist. Ämnen Brott, juridik, rättsfrågor Kategorier Real estate, infrastructure and construction Magnus Lidman Private M&A Regioner Stockholm

Gernandt & Danielsson has advised Union Investment Real Estate GmbH on the acquisition of the newly built Kållered Retail Park in Mölndal, south of Gothenburg. The transaction was structured as a share purchase deal. The recently completed property comprises 19,400 sqm of lettable area, is fully let with tenants including Coop, Lidl, Systembolaget, Jysk, Hemtex and Dollarstore, and is located adjacent to IKEA's store in Kållered. The purchase price amounts to approximately SEK 900 million. The acquisition was made for Union Investment's open-ended real estate fund UniImmo: Deutschland. The seller was Ingka Centres, part of the Ingka Group. Gernandt & Danielsson advised Union Investment on Swedish legal matters in the transaction with a team consisting of partner Magnus Lidman, senior associate Mikael Yemen, and associates Sofie Hallén, Johan Tivéus Kronlund, Viktor Rytter, Josefin Lindstedt and Elin Törnkvist.

Gernandt & Danielsson has advised SB1 Markets and Swedbank as joint bookrunners on Orien Trade's issuance of senior secured corporate bonds in the amount of EUR 40 million under a framework of EUR 100 million. Orien Trade is a leading European distributor of Korean beauty, providing product registration, marketing, wholesale, and logistics services for consumer brands. Its portfolio spans skincare, makeup, hair care, body care and beauty-tech products. Gernandt & Danielsson has advised the joint bookrunners with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Simon Wetterholm and associate Marija Gorlova.

Gernandt & Danielsson advises in Storsala's issue of senior secured corporate bonds of SEK 300 million and a SEK 710 million senior loan facility, the proceeds of which will be used to partly finance the acquisition of a commercial real estate portfolio with an underlying property value of approximately SEK 1.2 billion. Storsala will apply for admission to trading of the bonds on Nasdaq Stockholm. Arctic Securities acted as sole bookrunner in relation to the bond issue. Gernandt & Danielsson advises with a team consisting of Partners Mikael Borg and Mikael Bolling, Senior Associates Simon Wetterholm and Alexander Thörnberg and Associate Vanessa Sidlo.