Cederquist has represented the lending banks in connection with the completion by Patricia Industries, a part of Investor AB (publ), of its acquisition of Piab Group from from EQT for SEK 6.95 bn.
The acquisition was financed through a combination of bank loans and capital injections from Patricia Industries and other buyers. Piab provides smart solutions for the automated world.
Cederquist’s financing team consisted of partner Johan Lundberg and associates Oskar Hjärpe and Oskar Eriksson.
For further information, please refer to the press release published by Piab Group https://www.piab.com/sv-SE/news/press-releases/eqt-to-sell-piab-to-patricia-industries–part-of-investor-ab/