Delphi’s transaction team consisted of partner Mats Dahlberg, primarily assisted by Andreas Wirén, Marcus Halling and Matilda Karlsson. Sandra Lima was responsible for legal DD. A large number of lawyers at the firm’s Stockholm office were also involved.
Handelsbanken acted as financial advisor in the transaction.
“Delphi also assisted with the spin-off of AddLife from Addtech and the subsequent listing of AddLife on Nasdaq Stockholm in spring 2016 – making this the second major spin-off on Nasdaq Stockholm that Delphi has assisted with, which is pleasing,” said Mats Dahlberg, partner at Delphi.
About Momentum Group
Momentum Group is one of the leading resellers of industrial consumables and components as well as service and maintenance to professional end users in the industrial and construction sectors in Sweden, Norway and Finland. The Group has approximately 1,600 employees and annual revenue of some 5.4 billion SEK.
The Group expects the listing of Momentum Group to further strengthen its subsidiaries’ customer offerings and competitiveness by giving key competencies greater focus and exposure. This will enable increased growth and profitability, enhanced by niche acquisitions within selected areas.