During the year, Avenir has assisted various buyers and sellers in a number of business transfers, among others Gigantprint Holding AB in the transfer of Gigantprint AB to the Danish company STIBO Complete A/S. The acquisition establishes STIBO Complete A/S in Sweden. Gigantprint is the market leader in Sweden in the production of graphic material for marketing in stores and for events. The company has about 75 employees and a turnover of approximately SEK 150 million.
Furthermore, we have represented Ljungbacka in Svärtinge AB with the acquisition of Elmacron AB. Ljungbacka in Svärtinge is partly owned by Nina Saarvanto who has been CEO of Elmacron for a long time and decided to acquire the company. Elmacron is engaged in the production of various measuring instruments and have been in the industry for over 40 years.
In addition, we have represented Andrum Invest AB on the sale of ERC Systems AB. The company has a turnover of approximately SEK 20 million and is engaged in the relining of surface and waste water pipes.
We have also represented 3N Lyktan AB in connection with the acquisition of the real estate company Ekkällmark AB, which owns the commercial property Elitlaget 2 in Linköping. 3N Lyktan is part of a Group with 3N Fastigheter as the parent company. The Group owns a number of properties in Norrköping and the surrounding area and is continuously expanding.
In all transfers, we have assisted with contract negotiations, drafting contracts and closing.