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Delphi advisor when Addtech acquired 80 per cent of shares in Rutab AB

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Delphi advisor when Addtech acquired 80 per cent of shares in Rutab AB

Delphi has advised Addtech Nordic AB, a part of Addtech Energy and a business area within the Addtech Group, in connection with Addtech’s acquisition of 80 per cent stake in Rutab AB ("Rutab") and its subsidiaries.

Rutab is a leading supplier of cable glands, grommets and flexible conduits, as well as a very strong player in machine cable. Rutab has 40 employees and a turnover of approximately SEK 150 million. The company complements Addtech activities of the business unit Energy Products.

Closing is expected to take place in early April 2013 and the acquisition is expected to have a marginally positive effect on Addtech's earnings per share during the next fiscal year.

Delphi's team was led by partner Per Berglöf along with senior associate Fredrik Mörner. In addition, a number of lawyers at the law firm assisted in various issues.


Contact:
Per Berglöf
Partner/Advokat
Delphi
Ph. +46 709 25 25 06
email: per.berglof@delphi.se

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Delphi is one of the foremost commercial law firms in Sweden. We help our clients with mergers and acquisitions. We advise them on matters of banking, finance and capital markets. We litigate at court and in arbitration and are acknowledged as being extremely competent in public procurement and environmental law.

Many of us are specialists in high-tech fields such as IT, intellectual property and life science. Our drive and our interest in technology and business probably explain, in part, our success. We are often praised for our commercial sense and our ability to understand the client’s business.  

Our clients are to be found primarily in Scandinavia, Europe and North America. But we also co-operate with law firms globally and regularly assist clients on international matters. We have a total workforce of 190, of which 140 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.

 

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Stefan Erhag

Stefan Erhag

Presskontakt Executive Partner +46 709 25 25 48

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