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New Deal


Announced

Completed

Stena and Altor completed the acquisition of a 74% stake in Gunnebo for $193m.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned24%
Capital Bid For76%
EV/Sales-
EV/EBITDA-
Share Price Premium33%
One Off Charge-

Tags

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Single Bidder

Sweden

security services

security products

Security Equipment

Majority

Acquisition

Private Equity

Tender Offer

Public

Friendly

Domestic

Completed

Synopsis

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Stena, an investment company, and Altora, a private equity firm focused on leveraged buyout and growth capital investments in Sweden, completed the acquisition of a 74% stake in Gunnebo, a multinational corporation headquartered in Gothenburg, for $193m. “We see great potential in the company, but also recognize that additional financial resources and extensive operational measures will be required to make necessary investments and reposition Gunnebo towards the most attractive product areas. We have extensive experience from working side by side with companies under transformational processes and we look forward to collaborating long-term with Stena Adactum and Gunnebo’s management. We are also encouraged by the support for the offer from the board of directors and major shareholders," Bengt Maunsbach, Altor Partner.

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