Fogel & Partners acted as advisor to GB HoldCo in connection with its public offer to the shareholders in Gunnebo

Fogel & Partners acted as advisor to GB HoldCo, a consortium consisting of Altor and Stena Adactum in connection with the recommended public offer to the shareholders in Gunnebo AB. The offer of SEK 25 per share, announced on September 28, valued Gunnebo at almost SEK 2.4 billion and represented a premium of 33 percent compared to the closing share price on the previous trading day.

The offer was successful, and GB HoldCo controlled approximately 96.1 percent of the share capital and voting rights in Gunnebo in December 2020. Gunnebo is now delisted from Nasdaq Stockholm and had its last day of trading on December 9, 2020.