Nordic M&A News
October 9, 2018

- Denmark -

Solix Group becomes major shareholder in Carsoe A/S (Borsen)

Solix Group has acquired 60 % of the danish production company Carsoe A/S. Carsoe has showed strong financial growth the recent years and their goal is to reach DKK 1bn in revenue within five years. Following the acquisition Carsoe have acquired all shares in its subsidiary Holmek Pallettering. The deal value is rumored to be around DKK 500m.

Dominus acquires H&N Technologies (BygTek)

Dominus speeds up their presence in Zealand by the acquisition of H&N Technologies. H&N Technologies is a subsidiary of electric-service company Hansen & Nielsen that provides build management systems for intelligent building. H&N Technologies becomes a part of the nordic Nordomatic concern.

HC Odense Ejendomme A/S sold for DKK 182.5m (Fyens)

An undisclosed, foreign Private Equity fund have bought all shares in the real estate project HC Odense Ejendomme A/S. The project was owned by the owners of Odense Handball Club which receives DKK 25m from the sale.

- Sweden -

H&M partners up with Klarna for USD 20m (Press Release)

Fashion chain H&M has acquired a less than 1 % stake in Klarna for around USD 20m. Klarnas platform will be implemented across all H&M channels and integrated in online and physic stores. Following the deal Klarnas valuation is more than USD 2bn.

JDE acquires sweden based JOBmeal (Foodbev)

Valedo Partners have sold all their sharesin JOBmeal for an undisclosed amount to the Dutch coffee and tea company Jacobs Douwe Egberts, better known as JDE. With the acquisition JDE expands their market share in Sweden and Finland which is aligned with JDE’s strategy.

- Norway -

No news to report

- Finland -

Kamu acquired by Epic Games (Press Release)

Epic Games, the creator of the gaming success Fortnite, have acquired all shares in Helsinki based company Kamu for an undisclosed amount. Kamu provides services for real-time gaming, community and security management. At current state Kamu’s Anti-cheat service is protecting more than 80 games which affects around 100 million PC players.

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Prepared by Anton Søeberg