Nordic M&A News
July 25, 2018

- Denmark -

No news to report 

- Sweden -

Freespee receives EUR 9.5m investment from Verdane Capital (DI)

Freespee, an Uppsala-based software company that helps consumer brands better engage and convert online customers via cloud communications solutions, today announced a EUR 9.5m strategic investment from Verdane Capital IX. Freespee expects revenue growth of 80 percent in 2018 from around SEK 57m last year to approximately SEK 100m this year. Freespee has more than 80 employees and expects to recruit an additional 25 employees by the end of this year. 

ADDvise Group AB enters into an agreement to acquire Merit Cables (Cision)

Swedish ADDvise Group AB, a leading supplier of equipment to healthcare and research facilities, has today entered into an agreement with the shareholders of the US company Merit Cables Inc. regarding the acquisition of all shares in Merit Cables. The purchase price amounts to SEK 11.9m and is based on a cash and debt-free basis. In the fiscal year of 2017, Merit Cables had a turnover of SEK 22.5m and an EBITDA of SEK 2.2m. 

Bauer Media Invests in leading regional broadcaster Mad Men Media (Cision)

 Bauer Media Sweden, broadcaster of leading brand Mix Megapol, strengthens its position as leading commercial radio provider in Sweden by investing in Mad Men Media (MMM), a Malmö based regional radio provider which is expanding into Gothenburg and Stockholm. Bauer Media will also represent the company in national advertising sales. Through the partnership, Bauer Media will expand the distribution of Rockklassiker, one of the most renowned radio channels in Sweden, to Gothenburg and Malmö

- Norway -

No news to report

- Finland -

Ahlstrom-Munksjö to acquire paper producer Expera (Press Release)

Ahlstrom-Munksjö, a global leader in fiber based materials, has agreed with Specialty Papers Holding, L.P. to acquire Expera Specialty Solutions, a U.S. based specialty paper producer, to expand its presence in North America and further strengthen its offering of advanced custom-made fiber basedmaterials. The purchasing price amounts to EUR 615m on a cash and debt free basis. Expera reported net sales of EUR 616m with and EBITDA of EUR 61m in 2017

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Prepared by Emil Tange Ohlsen