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Eversheds Sutherland has acted for Mutares SE & Co. KgaA.
- Sweden
19-08-2020
Eversheds Sutherland has acted for the German holding company in its acquisition of the Swedish and Finnish Road Services Business from NCC AB (publ). The entities acquired are Nordic Road Services AB and Nordic Road Services OY, with a turnover in 2019 of ca EUR 125m and 216 employees. The acquisition is conditional upon approval from the Swedish Competition Authority.
The target companies are leading providers in their respective markets within road operations and maintenance and serve state and municipality customers as well as private companies in the field of snow handling, road supervision, road maintenance, traffic signs and wildlife fences etc.
Eversheds Sutherland’s team consisted Gabriel Albemark, Sofia Timoudas, Dane Stattin, and Harri Tolppanen (Helsinki).
The Mutares inhouse team (Munich) consisted of Jan Thoele (General Counsel), Dr. Angélique Schraud (Legal Counsel; Lead) and Denis Ahluwalia (Head of Tax).
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.
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