Segulah V and certain minority shareholders have entered into an agreement to sell 74 per cent of the shares in NVBS Rail Group Holding AB to Ratos. The founders of NVBS will retain their shareholding in the company. In connection with the transaction, NVBS carries out an add-on acquisition of all shares in the Finnish company Ratatek. The purchase price on a debt free bases for 100 per cent of the shares in both NVBS and Ratatek amounts to SEK 1,066 million.

NVBS’ business includes maintenance, improvement and construction of critical railway infrastructure in Sweden and Norway. Ratos is an investment company whose business concept is to develop companies headquartered in the Nordics that are or can become market leaders. The shares in Ratos are listed on Nasdaq Stockholm.

Gernandt & Danielsson advises Segulah and the founders of NVBS with a team consisting of partner Fredrik Palm, senior associate Daniel Sveen as well as associates Viktor Borg and Emelie Ögren.