EQT has announced a public cash offer to acquire all shares in Stendörren. The offer values Stendörren at SEK 2.8bn. EQT has announced the bid through their subsidiary Chicago Holding AB. Stendörren is a real estate company that owns and operates industrial and logistics properties. Stendörren reported a turnover of SEK 478m and EBITDA of SEK 283m the LTM, corresponding to an EV/EBITDA multiple of 10x.