On 7 November 2022, Peas Industries AB (through the wholly-owned subsidiary Peas Industries Invest AB) announced that Peas Industries has sold 14 million shares in OX2 AB (publ) to Swedish and international institutional investors. The price per share amounted to SEK 75, corresponding to a total value of approximately SEK 1 billion, and was determined through an accelerated book building procedure. Following the transaction, Peas Industries’ shareholding in OX2 is approximately 46 per cent of the total number of shares and votes.

Gernandt & Danielsson has advised Peas Industries in connection with the sale of shares in OX2 with a team consisting of partners Gustav Skogö Nyvang and Gabriel Zsiga as well as associate Josefine Jonsson Tepavac.