Gernandt & Danielsson advises Röko in first investment

Gernandt & Danielsson has advised the investment company Röko, established by the finance duo consisting of Tomas Billing (previously Nordstjernan) and Fredrik Karlsson (previously LifCo), in connection with its first investment. On June 24, 10 days after closing of the capital raising process, Röko signed an agreement to acquire 80 percent of Arboritec. Arboritec manufactures and markets waterbased finishes for wooden flooring.

Closing is expected to take place in August 2019.

Gernandt & Danielsson's team consisted of Partner Mikael Borg, Senior Associate Linnéa Sellström and Associates Elin Sahlin and Andreas Lexhag.