Delphi advisor to Molvino AB in connection with sale of shares in Powerstruc AB to Vestum
Delphi has assisted Molvino AB in connection with the sale of all shares in Powerstruc AB to the construction company Vestum AB (publ). The purchase price totals SEK 30 million on a cash and debt-free basis with potential earn-out payments of up to SEK 70 million.
Powerstruc is a construction company that operates within the railway and tramway sector with focus on electricity. The company is headquartered in Gothenburg and has been active in the Swedish market since 2011.
Vestum is a Swedish acquisition-driven group that consists of a cohesive number of companies. Vestum was founded in connection with a change in business operations and a name change of the company WeSC in 2021.