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Gernandt & Danielsson advises Evolution in connection with a mandatory public offer from Candle Lake

On 13 August 2026, Candle Lake Limited announced a mandatory public offer to the shareholders of Evolution AB (publ). The offer values all outstanding shares in Evolution at SEK 131.7 billion.

Gernandt & Danielsson advises the board of directors of Evolution with a team consisting of partners Fredrik Palm and Oscar Anderson and associates Siri Telmen and Gabriella Grimhall.

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Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

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