Patricia Industries SKr6.05 billion acquisition of Piab

30/4/2018

Acquisition finance, Private acquisition

Value:

SKr 6.95 billion

Dollar value:

$ 726.825 million

Status:

Announced

Date:

30/4/2018

Overview:

Investment group Patricia Industries has agreed to acquire Piab, a global technology firm specialising in industrial automation and robot components, from EQT for SKr6.95 billion.
SEB and Swedbank provided a loan to Patricia Industries to finance the acquisition.

Prin Shasiharan - Researcher

Jurisdiction:

Sweden

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Banking
M&A

Industry sector:

Industrials and manufacturing

Firms:

Cederquist

Party: Swedbank (Lender)

Party: SEB (Lender)

Lawyer: Johan Lundberg

Roschier

Party: Patricia Industries (Acquirer)

Lawyer: Malin Leffler

White & Case

Party: EQT (Seller)

Lawyer: Jan Jensen

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