Gernandt & Danielsson assists Procuritas Capital Investors III A and B, LP
G&D assists Procuritas Capital Investors III A and B LP, as well as the minority owners, in the divestment of KGH Customs AB (publ) and its subsidiaries. KGH Group is a leading independent provider of customs services throughout Europe and globally through partner-networks. KGH has its registered office in Gothenburg, Sweden. The group has more than 600 employees in Europe and a turnover of approximately SEK 500 million. The completion of the transaction is subject to merger clearance by the competition authorities in Norway and Austria.
As part of its current financial structure, KGH has a SEK 400 million bond listed with the NASDAQ OMX Stockholm. In connection with the completion of the transaction, it is KGH’s intention to exercise its right to call for an early redemption and redeem all outstanding bonds.
Gernandt & Danielsson’s team is led by the partners Mats Hugoson (M&A) and Mikael Borg (Capital market) and the associates Monica Bodell, Katja Kulesch and Marcus Karner. Counsel Rolf Larsson advises on competition law matters.Print