Cederquist advises tershine in connection with the sale of shares to Relais Group Plc

Cederquist advised tershine in connection with the sale of 70 per cent of the shares in tershine AB to Relais Group Plc. Tobias Ericson, the founder of tershine AB, remains a significant minority shareholder and will continue to lead the company’s operations.

tershine AB was founded in 2017 and offers a wide range of professional-quality vehicle care products developed in Sweden. The company has built a strong brand and a loyal customer base among both professional users and consumers.

Cederquist advised tershine, with the team comprising Johan Lidström (partner, Private M&A), Jonas Sjöberg (senior associate, Private M&A) and Sanna Pettersson (associate, Private M&A).

For further information, please refer to the press release published by Relais Group Plc, see: https://relais.fi/en/for-investors/ir-publications/releases/?publicationId=cision-relais-5402325.