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Mandates | 2021-03-08

TM & Partners advises in connection with the sale of Sortera to Nordic Capital

TM & Partners advises the management of Sortera Group and Ryk Group in connection with the sale of Sortera to Nordic Capital.

Sortera Group is a Nordic environmental company which, through its three business areas (Recycling, Industry and Materials), strives to be the leading environmental entrepreneur on the Nordic market, with solutions that contribute to increased sustainability and improved environmental performance in all of the company’s operations. With just over 420 employees and a turnover of ca SEK 1.4 billion, Sortera conducts its own operations from sales, collection, treatment and recycling to final recipients.

Ryk Group is owned by Sortera’s founder Conny Ryk, who co-invested in Sortera alongside Summa Equity in the inception of the investment. Ryk Group will reinvest and remain as an investor after the transaction.

In 2016, TM & Partners advised Norvestor on the sale of Sortera to Summa Equity. We were now entrusted by Sortera’s management and Ryk Group with assisting in connection with the sale of the company for a second time, now to Nordic Capital. TM & Partners’ team is led by Sten Hedbäck (Partner, M&A) and also includes Mikael Ahlberg (Associate, M&A).