Veidekke has entered into an agreement to purchase 90.1% of the shares in Billström Riemer Andersson AB (BRA).
Since the beginning of 2007, BRA has had a strong development. Today, the company has a yearly turnover of about SEK 1.4 billions and employs approximately 200 employees, of which half are tradesmen. BRA works primarily with construction, but has also expertise in property development. The focus is on early-stage commercial projects with many large recurring customers. By acquiring 90.1% of the shares in BRA, Veidekke becomes the new main owner of BRA. BRA continues to act as an independent company and at the same time benefits from the large scale and the increased competitiveness that is gained by being a part of a larger group. Completion is made after approval by the Competition Authority's approval.
Delphi Law Firm has represented all the sellers of BRA in the transaction. Delphi's team consisted mainly of Anders Hulegårdh, Daniel Jessen Winbo, Fredrik Mörner, Anton Melander, Linn Torstensson, Linn Brännborn, Elisabeth Eklund and Karin Roberts.
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, environmental law and real estate 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 approximately 185, of which more than 120 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.