IFLR1000

Patricia Industries SKr6.05 billion acquisition of Piab

30/4/2018
Acquisition finance, Private acquisition
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SKr 6.95 billion

$ 726.825 million

Announced

30/4/2018

Overview:

  • Investment group Patricia Industries has agreed to acquire Piab, a global technology firm specialising in industrial automation and robot components, from EQT for SKr6.95 billion.
  • SEB and Swedbank provided a loan to Patricia Industries to finance the acquisition.

Prin Shasiharan - Researcher

Jurisdiction:

Sweden

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Banking
M&A

Industry sector:

Industrials and manufacturing

Firms:
Cederquist

Party: Swedbank (Lender)

Party: SEB (Lender)

Roschier

Party: Patricia Industries (Acquirer)

Lawyer: Malin Leffler

White & Case

Party: EQT (Seller)

Lawyer: Jan Jensen

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