Press releases 14 December 2021

Wistrand advises the sellers on the sale of Kungälvs Trä to Kesko

Wistrand has advised as the sellers have entered into an agreement for the sale of all shares in Kungälvs Trävaruaktiebolag to Kesko.

Kungälvs Trävaruaktiebolag and its two subsidiaries Högsbo Trä Aktiebolag and Sörred’s Byggvaruhus AB have four facilities in the Gothenburg area with around 80 employees. During 2020 the group had a turnover amounting to approximately SEK 346 million. The transaction is conditional upon approval from the Swedish Competition Authority.

Wistrand’s team has been led by partner Per Dalemo, assisted by senior associate Amy Lindquist (M&A), associate Tobias Bratt (M&A), partner Rickard Jonason (tax), senior associate Justus Pettersson (tax) and paralegal Anna Johansson.