Gernandt & Danielsson advises Evolution in connection with a mandatory public offer from Candle Lake

On 13 August 2026, Candle Lake Limited announced a mandatory public offer to the shareholders of Evolution AB (publ). The offer values all outstanding shares in Evolution at SEK 131.7 billion.

Gernandt & Danielsson advises the board of directors of Evolution with a team consisting of partners Fredrik Palm and Oscar Anderson and associates Siri Telmen and Gabriella Grimhall.