Delphi has assisted NIBE Industrier AB (publ) when they signed an agreement to acquire 70 per cent stake in Finnish Akvaterm Oy.
Akvaterm is a company in the field of storage tanks, refrigeration and special tanks sold to the Nordic region and the UK. Akvaterm has a turnover of approximately 7 MEUR. Nibe has an agreement to purchase the remaining 30 per cent in 2015. It will take place on 1 September 2012.
Delphi’s team consisted of Partner Per-Ivar Svensson and Senior associate Rebecka Thörn in cooperation with the Finnish law firm Dittmar & Indrenius in Helsinki.
Delphi has expertise in all core areas of commercial law. An important part is the corporate desk, with a large number of domestic and cross-border mergers & acquisitions and an extensive banking, finance and capital markets practice. The firm is also well established in high-tech related legal areas such as IT, telecommunications, intellectual property and life sciences. Additionally, Delphi’s public procurement, EU and competition practice is highly respected.
Clients are mainly in Scandinavia, Europe and North America. Delphi co-operates with law firms all over the world and has business in China and Eastern Europe. Delphi has approximately 190 employees of which about 140 are lawyers. Offices are in Stockholm, Göteborg, Malmö, Linköping and Norrköping.