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Delphi has advised Addtech AB (publ) on the acquisition of all shares in Sittab AB
Delphi has advised Addtech AB (publ) on the acquisition of all shares in Sittab AB. Closing is expected to occur in early October 2013.
Sittab delivers ergonomic solutions to driver seats, mainly against construction equipment and buses and has its own operations in Sweden, USA and China. Headquartered is located in Gustafs in Dalarna County. The product range includes armrests and headrests, turntables and slider rails which enhance operator comfort.
Delphi's team was led by Per Berglöf, responsible for the transaction and negotiations and by Fredrik Mörner, head of the due diligence team. In addition, a relatively large number of lawyers at the firm also assisted on the acquisition.
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Delphi is one of the top 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 represent clients in 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. We also co-operate with law firms globally and regularly assist clients on international matters. We have a total workforce of 200, of which 140 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.