14 November 2014

G&D advises Nordstjernan in its acquisition of 88 percent of the shares in Bygghemma Group

Nordstjernan has agreed to acquire 88 percent of the shares in Bygghemma Group (“Bygghemma”) from a consortium of private investors. The remaining shares will then be owned by members of Bygghemma’s management team, who will remain as owners and enter into partnership with Nordstjernan.

Bygghemma is a leading e-commerce home improvement company in the Nordic region, offering a broad range of branded products and approximately 100,000 articles. The company also successfully sells furniture, couches and beds through the e-store Trademax. During recent years, the company has shown strong organic growth, of approximately 50 percent per year, and will have sales of some SEK 1.3 billion this year. The parties have agreed not to disclose the conditions of the transaction.

The Gernandt Danielsson team included Partners Dick Lundqvist och Andreas Holmqvist (employment), Counsel Rolf Larsson (competition law), Senior Associates Pär Johansson and Daniel Gutman, as well as Associates Katja Kulesch, Henrik Appelqvist, Philip Rämsell and Simon Söderholm.