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Mandates | 2021-03-12

TM & Partners has advised RNB Retail and Brands AB (publ) in connection with the sale of Polarn O. Pyret AB

TM & Partners has advised RNB Retail and Brands AB (publ) in connection with the sale of its wholly-owned subsidiary Polarn O. Pyret AB to Procuritas Capital Investors Fund VI. The preliminary purchase price amounts to SEK 330 million on a cash and debt-free basis. Polarn O. Pyret is a true Swedish icon and an internationally recognised quality brand within the field of children’s clothing since 1976. Procuritas invests in and develops medium-sized Nordic companies and has for more than thirty years invested in over 45 different companies.

TM & Partners team comprised Niclas Högström (Partner, M&A), Mikael Ahlberg (Associate, M&A), Sofia Lindh (Associate, M&A), Sara Jacobson (Associate, M&A), Tobhias Brandell (Partner, Banking & Finance), Matilde Abejón (Associate, Banking & Finance), Fredrik Gustafsson (Partner, Tech) and Andreas Sahlstedt (Associate, Real Estate).