Nordic M&A News
February 22, 2018

- Denmark -

Lars Seier Christensen sells Juicy B (Borsen)

Lars Seier Christensen, owner of Seier Capital, has chosen to sell his shares in the Danish burger restaurant Juicy B to its current director of operations, Valdimar Geir Halldórsson, who will continue to develop the concept. The ambitions to scale up the burger chain and fight McDonald's has not been met and this is why he leaves Juicy B, writes Lars Seier Christensen in a Facebook update.

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American General Electric (GE) attacks MHI Vestas and Siemens Gamesa (Borsen)

American General Electric (GE) wants to be part of the growth in the offshore wind industry and hires Danish Søren Høffer as sales director for offshore wind to steal market shares from MHI Vestas and Siemens Gamesa. “My task will be to sell more offshore windmills. It is a market dominated by three to five players, and we want to be a part of this” says Søren Høffer.

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- Sweden -

Abelco Investment Group invest in Swedish fintech (Dagens Industri)

Abelco Investment Group, listed on the NGM Nordic MTF in May last year, has signed a letter of intent to acquire five percent in the Swedish fintech company Financial Transactions Control Systems Sweden (FTCS). The shares are acquired at SEK 4.50 per share which in August was valued at SEK 9.1 per share, indicating a company value of approximately SEK 270m. This is stated in a press release where Abelco also says that they have negotiated the right to purchase FTCS shares at this very attractive price level.

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- Norway -

No news to report

- Finland - 

No news to report

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Prepared by Oliver Jacobsen