Philip Bihl

TM & Partner has assisted Qben Infra in their divestment of KvalitetsBygg

TM & Partners has assisted Qben Infra AB (publ) in connection with their subsidiary Qben Construction AB’s divestment of Kvalitetsbygg R AB and Kvalitetsgruppen R Fastigheter AB through a management buy-out procedure.

Kvalitetsbygg R AB and Kvalitetsgruppen R Fastigheter AB provides civil engineering, construction and renovation services within both residential and commercial real estate in the Swedish market. The buyer is Kvalitetsprojekt 2.0 Holding AB.

For further information on the transaction, please be referred to Qben Infra.

TM & Partners’ team comprised:
Jens Haneklint (Partner, Real Estate/M&A)
Michael Persson (Senior Counsel, Banking & Finance)
Johan Aronsson (Senior Associate, Real Estate/M&A)
Philip Bihl (Senior Associate, Capital Markets)
Sarah Joffs (Associate, Banking & Finance)
Edith Gunnarsson (Associate, Real Estate/M&A)

Qben Infra invests in and develops companies within infrastructure services in the Nordics. The company operates in niche markets driven by strong growth trends, substantial government investments, and opportunities for consolidation and strong expansion – such as rail and power grids. Qben Infra is a company listed on Nasdaq First North Growth Market Stockholm.

TM & Partners is a leading Swedish law firm with a focus on transaction advice and commercial law.

For more information, please contact:
Jens Haneklint
Partner
E-mail: jens.haneklint@tmpartners.se
Phone: +46 76 00 283 04

TM & Partners has advised SaltX in connection with directed share issues

TM & Partners has advised SaltX Technology Holding AB (publ) in connection with a private placement of new shares of approximately SEK 49 million to external investors and a set-off issue of shares of approximately SEK 22 million to existing shareholders.

SaltX is a Swedish greentech company that operates in the electrification of emission-intensive industries, such as the lime and cement sectors. SaltX’s shares are listed on Nasdaq First North Premier Growth Market.

TM & Partners’ team consisted of:
Johan Wigh (Partner)
Philip Bihl (Associate)
Emma Ström (Associate)

TM & Partners is a leading Swedish law firm with a focus on transaction advice and commercial law.

For more information, please contact:
Johan Wigh
E-mail: johan.wigh@tmpartners.se
Phone: + 46 76 00 283 26

TM & Partners has advised Intea Fastigheter AB (publ) in connection with its directed issue of shares through an accelerated book building procedure

TM & Partners has advised Intea Fastigheter AB (publ) in connection with its directed issue of 16 million B-shares at a subscription price of SEK 66.00 per share. The price in the offering was determined through an accelerated book building procedure and the offering provides Intea with approximately SEK 1,056 million. The investors in the directed share issue included a number of Swedish and international institutional investors.

Intea invests in and manages social infrastructure for its own long-term management. As of 31 March 2025, the property portfolio’s value amounted to SEK 24.1 billion, with a lettable area of 596,000 sqm. The property portfolio consists of properties and projects with public tenants, such as the judiciary, higher education, and healthcare. Since the listing of Intea’s B- and D-shares on Nasdaq Stockholm in December 2024, Intea has completed acquisitions totaling approximately SEK 755 million and added new projects within the justice category with an estimated total investment amount of approximately SEK 10.4 billion. The issue proceeds are intended to be used in order to be able to actively pursue business opportunities in the current market and at the same time maintain a flexible and balanced capital structure.

TM & Partners’ team consisted of:
Johan Wigh (Partner)
Hanna Snöbohm (Senior Associate)
Philip Bihl (Associate)

For more information, please contact:
Johan Wigh
E-mail: johan.wigh@tmpartners.se
Phone: +46 76 00 283 26

TM & Partners has advised Smart High Tech in connection with placement of shares through an accelerated bookbuilding procedure

TM & Partners has advised SHT Smart High-Tech AB in connection with a placing of newly issued and existing shares through an accelerated bookbuilding procedure lead by Pareto Securities. Shares for a total of SEK 140 million were placed in the offering, raising proceeds of approximately SEK 110 million to Smart High Tech through the new share issue. The offering was significantly oversubscribed.

Through its patented product GT-TIM®, SHT Smart High Tech has developed a graphene-reinforced and polymer-based Thermal Interface Material, TIM, for cooling electronics, power modules, LEDs and other heat-sensitive and heat-intensive products.

Our team consisted of:
Jonas Hämälä (Partner)
Philip Bihl (Associate)
Vilhelm Norberg (Associate)

For more information, please contact Jonas Hämälä:
E-post: jonas.hamala@tmpartners.se
Tel: 076-00 283 08

TM & Partners has advised Intea Fastigheter AB (publ) in connection with its listing on Nasdaq Stockholm

TM & Partners has advised Intea Fastigheter AB (publ) in connection with the listing of the company’s Class B and Class D shares on Nasdaq Stockholm. The trading in the company’s shares commenced on 12 December 2024.

In connection with the listing, an offering of existing and newly issued shares in the company at a value of approximately SEK 2.4 billion was carried out. The price in the offering corresponds to a market value of the company of approximately SEK 9.5 billion. The offering provides Intea with approximately SEK 2 billion.

Intea invests in and manages social infrastructure for its own long-term management. As of 30 September 2024, the property portfolio’s value amounted to SEK 22.6 billion, with a lettable area of 534,000 sqm. The property portfolio consists of properties and projects with public tenants, such as the judiciary, higher education, and healthcare.

TM & Partners’ team consisted mainly of:
Johan Wigh (Partner | Capital Markets)
Jonas Hämälä (Partner | Capital Markets)
Philip Bihl (Associate | Capital Markets)
Hanna Hillgren (Senior associate | Capital Markets)
Vilhelm Norberg (Associate | Capital Markets)
Johan Aronsson (Senior associate | Real Estate)
Andreas Sahlstedt (Senior associate | Real Estate)
Ulrica Alvestrand Körling (Senior associate | Real Estate)
Patrik Arosenius (Associate | Real Estate)
Oskar Warberg (Associate | Real Estate)
Matilda Andersson (Associate | Real Estate)
Robin Bergqvist (Associate | Banking and Finance).

For more information, please contact Johan Wigh:
E-mail: johan.wigh@tmpartners.se
Phone: +46 76 00 283 26

TM & Partners has advised NextCell in connection with its rights issue

TM & Partners has advised NextCell Pharma AB (publ) in connection with its rights issue of units, consisting of shares and warrants, of approximately SEK 40 million. In the event of full utilization of all outstanding warrants, the company can receive additionally a maximum of approximately SEK 113 million.

NextCell is a cell therapy company that is in phase 2 studies with the drug candidate ProTrans for the treatment of type 1 diabetes. NextCell owns Cellaviva, the largest stem cell bank in the Nordics and QVance, a quality analysis CRO company in start up. NextCell’s shares are admitted to trading on Nasdaq First North Growth Market.

Our team consisted of:
Johan Wigh (Partner)
Jacob Elovsson Hultin (Associate)
Philip Bihl (Associate)

For more information, please contact Johan Wigh:
E-mail: johan.wigh@tmpartners.se
Phone: +46 76 00 283 26

We have advised Smart High Tech in its directed new share issue through an accelerated bookbuilding procedure

TM & Partners has advised SHT Smart High-Tech AB in connection with a directed new share issue through an accelerated bookbuilding procedure, raising approximately SEK 90 million. The investors in the directed new share issue included a number of Swedish and international institutional investors.

Through its patented product GT-TIM®, SHT Smart High Tech has developed a graphene-reinforced and polymer-based Thermal Interface Material, TIM, for cooling electronics, power modules, LEDs and other heat-sensitive and heat-intensive products.

Our team consisted of:

Jonas Hämälä (Partner)
Johan Wigh (Partner)
Philip Bihl (Associate)
Vilhelm Norberg (Associate)

For more information, please contact Johan Wigh:
E-mail: johan.wigh@tmpartners.se
Phone: +46 76 00 283 26

We advise Färna Invest in connection with its public takeover offer to the shareholders of ChromoGenics

TM & Partners advises Färna Invest in connection with its recommended public takeover offer to the shareholders of ChromoGenics.

ChromoGenics is a proptech company that produces smart dynamic glass, improving indoor environment and well-being while reducing energy consumption, operational costs, and climate impact in real estate. ChromoGenics’ shares are listed on Nasdaq First North Growth Market.

Färna Invest is an investment company owned by Gerald Engström, founder and chairman of Systemair AB and main shareholder and former board member of HANZA AB.

Our team consisted of:

• Johan Wigh (Partner)
• Jonas Hämälä (Partner)
• Philip Bihl (Associate)
• Jacob Elovsson Hultin (Associate)

For more information, please contact Johan Wigh:
E-mail: johan.wigh@tmpartners.se
Phone: +46 76 00 283 26

We have advised SaltX Technology in connection with directed share issue and cooperation agreement

We have advised SaltX Technology Holding AB (publ) in connection with a directed share issue of approximately SEK 38 million to Switzerland Ltd, SMA Mineral AB and Stiftelsen Industrifonden as well as a cooperation agreement entered into with ABB Switzerland Ltd.

SaltX Technology is a Swedish green tech company that operates within the electrification of emission-intensive industries such as the lime and cement industries. SaltX Technology’s shares are admitted to trading on Nasdaq First North Premier Growth Market.

Our team consisted of:

• Johan Wigh (Partner, Capital Markets)
• Fredrik Gustafsson (Partner, Tech)
• Alexandra Rosell (Senior Associate, Tech)
• Philip Bihl (Associate, Capital Markets)

For more information, please contact Johan Wigh:
E-mail: johan.wigh@tmpartners.se
Phone: +46 76 00 283 26

Legal advisor to Permascand Top Holding AB

TM & Partners is advising Permascand Top Holding AB (“Permascand” or the “Company”) in connection with Altor PC AB’s recommended public offer to the shareholders of Permascand. Altor PC offers a cash consideration of SEK 17 per share in Permascand, corresponding to a value of all shares in the Company of SEK 1,008 million.

Permascand is an independent technology-driven manufacturer of electrochemical solutions based on proprietary catalytic coatings for clean tech applications. Permascand is headquartered in Ljungaverk, Sweden, with operations including R&D, Technology Development and Production. Permascand’s shares are admitted to trading on Nasdaq First North Premier Growth Market.

For more information, please visit Permascand’s website.

Our team consisted of:

• Sten Hedbäck (Partner, M&A)
• Johan Wigh (Partner, Capital Markets)
• Philip Bihl (Associate, Capital Markets)
• Jacob Elovsson Hultin (Associate, Capital Markets)
• Vilhelm Norberg (Associate, Capital Markets)
• Tom Bovaller (Associate, M&A)
• Lovisa Björk (Associate, M&A)
• Arvid Riemer (Associate, M&A)

For more information, please contact Johan Wigh:
E-mail: johan.wigh@tmpartners.se
Phone: 076 002 83 26

We have advised SaltX Technology in connection with its rights issue

We have advised SaltX Technology Holding AB (publ) in connection with its rights issue of shares of approximately SEK 69 million.

SaltX Technology is a Swedish green technology company that operates in electrification technology primarily for the lime and cement industry and large-scale industrial energy storage. SaltX Technology’s shares are admitted to trading on Nasdaq First North Premier Growth Market.

Our consisted mainly of:

• Johan Wigh
• Philip Bihl
• Jacob Elovsson Hultin

TM & Partners legal advisor to Teqnion AB in connection with directed issue

Teqnion AB (”Teqnion”) has completed a directed issue of shares to Phoenician Capital (USA), Braddock Partners (advisor, Akre Capital Management) (USA), Woodlock House Family Capital/Chris Mayer (USA), Spiltan Invest (Sweden), REQ Capital (Norway) and Axxion S.A on behalf of P&R Real Value (UK). Through the share issue, Teqnion receives proceeds of approximately SEK 175 million.

TM & Partners and Milbank LLP acted as legal advisors to Teqnion in connection with the directed issue.

Our team primarily consisted of:

• Johan Wigh (partner)
• Hanna Hillgren (associate)
• Philip Bihl (associate)

TM & Partners has advised FUUD in connection with a rights issue and a directed convertible issue

TM & Partners has advised FUUD AB (publ) in connection with a rights issue of units, consisting of shares and warrants, and a directed convertible issue. Through the rights issue, the company initially receives approximately SEK 63.6 million before deduction of issue costs, and through the directed convertible issue, the company receives approximately SEK 23 million.

With the vision of becoming a leading Nordic company in the FMCG market, FUUD brings together a number of Swedish brands within Functional Foods under one roof. Today, FUUD is a group of companies active in a number of different product categories with a total of eleven brands, including Beijing8, IQ Fuel and Homie. FUUD’s shares are admitted to trading on Nasdaq First North Growth Market.

TM & Partners’ team consisted mainly of Johan Wigh (Partner), Philip Bihl (Associate), Jacob Elovsson Hultin (Associate) and Emily Frempomaa (Associate).

TM & Partners has advised Vivesto in connection with a fully secured rights issue of SEK 151 million

TM & Partners has advised Vivesto AB in connection with a fully guaranteed rights issue of SEK 151 million. Danske Bank A/S, Sverige filial acted as financial adviser and Sole Bookrunner in connection with the rights issue.

Vivesto is a specialty pharmaceutical company focused on the development of new therapeutic options for patients suffering from hard-to-treat cancers. The company has proprietary drug delivery technology designed to improve solubility, efficacy and safety. Vivesto’s shares are listed on Nasdaq Stockholm.

TM & Partners’ team consisted of Johan Wigh (Partner), Jacob Elovsson Hultin (Associate), Philip Bihl (Associate) and Emily Frempomaa (Associate).

TM & Partners has assisted Fuud in connection with the signing of agreements regarding the acquisition of GI-boxen and Foodbox

TM & Partners has assisted FUUD AB (publ) in connection with the signing of agreements regarding the acquisition of all shares in GI-boxen Sweden AB and Foodbox Scandinavia AB.

GI-boxen is a fast-growing company in E-commerce of healthy food. GI-boxen sells a selection of nutritious and tasty frozen ready-made dishes with a balance of proteins, natural fats and healthy carbohydrates. Foodbox is a company within the segment of exercise and health with over 450 retailers in Sweden. The company sells a selection of 13 healthy ready-made dishes, which are sold in the company’s own freezers in gyms, sports halls and other training facilities across the country. The dishes are created to promote an active life for those who want to feel good and get in shape.

For further information, please see press release.

TM & Partners’ team was led by partners Vaiva Eriksson and Johan Wigh, assisted by associates Sofia Lindh, Tom Bovaller, Philip Bihl, Jacob Elovsson Hultin, Sara Jacobson, Cecilia Bergman, Markus Ellström and Alexandra Rosell.

TM & Partners has advised W5 Solutions AB (publ) in connection with its listing on Nasdaq First North Growth Market

TM & Partners has advised W5 Solutions AB (publ) in connection with the listing of the company’s shares on Nasdaq First North Growth Market. The trading in the company’s shares commenced on 17 December 2021.

W5 Solutions delivers high-tech systems and solutions to Swedish and international government agencies as well as companies in the areas of defense and civil protection. The company’s operations cover three business areas: Training & Simulation, Systems & Integration, and Support & Services.

TM Partners’ team consisted mainly of:

• Sandra Broneus (Partner)
• Philip Bihl (Associate)
• Emily Frempomaa (Associate)

TM & Partners advisor in connection with the distribution and listing of Careium at Nasdaq First North Growth Market

TM & Partners has advised Careium AB (publ) (“Careium”) and DORO AB (“Doro”) in connection with the distribution of all shares in Careium to the shareholders of Doro, and the subsequent listing of Careium’s shares on Nasdaq First North Growth Market. Trading with Careium’s shares on Nasdaq First North Growth Market commenced on 10 December 2021.

Careium, formerly Doro’s business area Doro Care, is one of the leading players in technology-enabled care in Europe. Careium’s offering in the field of technology-enabled care is broad; software platform, in-home and mobile social alarms, remote monitoring and alarm response are offered to public operators, civil society and private companies. The company provides its services to more than 400,000 seniors in Sweden, Norway, the Netherlands and the United Kingdom, the majority being connected to Careium’s six alarm centers, where more than 25,000 alarms are handled every day.

TM & Partners’ teams consisted mainly of:

• Johan Wigh (partner)
• Philip Bihl (associate)
• Jacob Elovsson Hultin (associate)
• Emily Frempomaa (associate)

TM & Partners has advised RNB Retail and Brands AB in connection with the sale of Brothers & Sisters AB, the acquisition of Coala-Life AB and the conversion of notes

TM & Partners has advised RNB Retail and Brands AB (“RNB”) in connection with the sale of Brothers & Sisters. They holds all shares in Brothers AB, to the Norwegian investment company Jotunfjell Partners AS. The acquisition of Coala-Life AB (“Coala-Life”) through an issue in kind, and the conversion of RNB’s notes to unconditional capital contributions and shares in the company.

Jotunfjell Partners AS has a primary focus on Nordic retail, and owns, inter alia, the Swedish retail chain Pagelle.

Coala Life is a Swedish medtech company that focuses on heart diagnostics and digital health. The company has developed a portfolio of solutions based on the Coala, a patented and commercial service for remote monitoring and self-screening of heart sounds and ECG.

As a result of the transactions, RNB changed its business name to Coala-Life Group AB (publ) and its business activities to development, marketing and sale of medtech. In addition, a change of listing of RNB’s shares from Nasdaq Stockholm to Nasdaq First North Growth Market was carried out in connection with the closing of the transactions.

TM & Partners’ team comprised:

• Niclas Högström (Partner, M&A)
• Johan Wigh (Partner, Capital Markets)
• Tobhias Brandell (Partner, Banking & Finance)
• Fredrik Gustafsson (Partner, Technology)
• Sara Jacobson (Associate, M&A)
• Mikael Ahlberg (Associate, M&A)
• Robin Bergqvist (Associate, Banking and Finance)
• Philip Bihl (Associate, Capital Markets)
• Johan Mörlin (Associate, M&A)
• Karolina Kjellberg (Senior Associate, Technology)
• Cecilia Bergman (Senior Associate, Employment)
• Catharina Danielsson (Associate, Real Estate)

TM & Partners has advised Clean Industry Solutions Holding Europe AB in connection with its change of listing to Nasdaq First North Growth Market

TM & Partners has advised Clean Industry Solutions Holding AB in connection with its change of listing from Spotlight Stock Market to Nasdaq First North Growth Market. The trading in the company’s shares on Nasdaq First North Growth Market commenced on 12 July 2021.

Clean Industry Solutions Holding AB invests in independently operating innovative companies which provide solutions for a sustainable industry and a circular economy. The current two subsidiaries, Industrial Solar GmbH and SolarSpring GmbH, offer solutions for the supply of clean energy and clean water for industry.

TM & Partners’ team consisted of Sandra Broneus (Partner, Capital Markets), Philip Bihl (Associate, Capital Markets), Jacob Elovsson Hultin (Associate, Capital Markets), Lisa Ericsson (Counsel, Employment) and Mikaela Nordh (Associate, Banking & Finance).

TM & Partners has advised Frill Holding AB (publ) in connection with the acquisition of all shares in JUICA Sverige AB and B8 SVERIGE AB (Beijing8)

Juica produces and sells organic, additive-free, cold-pressed and unpasteurized fruit and vegetable juices under the brands Juica and Juicekultur. The company’s products are sold in the FMCG (Fast Moving Consumer Goods) and service sectors, to hotels, restaurants and catering business as well as through own and external e-commerce channels. For more information about the acquisition of Juica, see press release.

Beijing8 produces and sells dumplings and related products, including sauces, beverages and cooking utilities. The products are sold in the FMCG (Fast Moving Consumer Goods) sector and own restaurants in the Nordic region. In 2020, the company produced and sold over 6 million dumplings, making it one of the largest brands of dumplings in Europe. For more information about the acquisition of Beijing8, see press release.

TM & Partners’ team consisted of partners Vaiva Eriksson and Sandra Broneus and associates Philip Reznik, Tom Bovaller, Philip Bihl, Jacob Elovsson Hultin, Cecilia Bergman, Andreas Sahlstedt and Mark Gebert.

TM & Partners has advised Arla Plast AB in connection with its listing on Nasdaq Stockholm

TM & Partners has advised Arla Plast AB in connection with its listing on Nasdaq Stockholm. The trading in the company’s shares on Nasdaq Stockholm commenced on 25 May 2021.

Arla Plast is a producer and supplier of extruded sheets made of technical plastics. The plastic sheets are made of polycarbonate (“PC”), acrylonitrile butadiene styrene (“ABS”) and polyethylene terephthalate glycol (“PETG”), with a large number of areas of application, including safety products, machine glazing, ice hockey rinks, greenhouses, pool covers, sound walls, protective barriers, suitcases, automotive components and various other construction-related areas of application. The Company was founded in 1969 and is headquartered in Borensberg, Sweden. Production takes place at three production facilities located in Borensberg and in Kadaň and Pelhřimov in the Czech Republic.

TM & Partners’ team consisted mainly of:

• Johan Wigh (Partner, Capital Markets)
• Philip Bihl (Associate, Capital Markets)

In addition, a large number of the firm’s lawyers have assisted in their areas of expertise.

TM & Partners legal advisor to SaltX Technology Holding AB (publ) in connection with its private placement of shares

SaltX Technology Holding AB (publ) (”SaltX”) has completed a private placement of shares through an accelerated book building procedure, performed by Pareto Securities AB, raising approximately SEK 60 million before transaction costs.

SaltX develops and sells patented energy storage solutions based on nanocoated salts. The company’s mission is to develop and offer sustainable technology and solutions that will clearly benefit customers, the climate and society. SaltX’s energy storage solution, EnerStore, is a large-scale energy storage solution that stores energy in different forms and generates heat, steam, and electricity to cities and/or industries, enabling transportation of energy. EnerStore is a thermo-chemical storage solution based on SaltX’s unique patented nanocoated salt.

TM & Partners acted as legal advisor to SaltX in connection with the directed issue. TM & Partners’ team consisted of:

• Johan Wigh (Partner)
• Philip Bihl (Associate)
• Jacob Elovsson Hultin (Associate)

Pareto Securities AB acted as Sole Manager and Bookrunner in connection with the directed new issue.

TM & Partners has assisted Frill Holding AB (publ) in the acquisition of Kling Homie and Nathalie’s Direct Trade, as well as a directed convertible issue

TM & Partners has assisted Frill Holding AB (publ) in the acquisition of all shares in Kling Homie AB and Nathalie’s Direct Trade AB, as well as a directed convertible issue of a maximum SEK 85 million.

Kling Homie is a fast-growing Swedish lifestyle brand that works to optimize diet and health. The company’s product range, which includes nutritional supplements, functional and energy drinks, dietary supplements and other health products, is sold at over 700 retailers, including some of Sweden’s major e-commerce platforms and food chains.

Nathalie’s Direct Trade markets and sells healthy snacks that the company buys directly from farmers in Colombia. Nathalie’s Direct Trade is a member of the UN program UNDP – Business Call To Action. In 2020, the company grew by 72 percent.

To finance the acquisitions and a continued strong expansion, Frill has decided to raise a convertible loan in a maximum amount of SEK 85 million through a directed issue of convertibles to a number of qualified investors.

For more information about the acquisitions and the convertible issue, see press release.

TM & Partners’ team was led by:

• Vaiva Eriksson (Partner)
• Sandra Broneus (Partner)
• Philip Reznik(Associate)
•  Tom Bovaller (Associate)
• Philip Bihl (Associate)
• Jacob Elovsson Hultin (Associate)

TM & Partners advisor in connection with the distribution and listing of CDON at Nasdaq First North Growth Market

TM & Partners has acted as legal advisor to CDON AB and Nelly Group AB (publ) (formerly Qliro Group AB (publ)) in connection with the distribution of all of the shares in CDON to the shareholders of Nelly Group and the subsequent listing of CDON. Trading with CDON’s shares on Nasdaq First North Growth Market commenced on 6 November 2020.

CDON has been a Nordic e-commerce pioneer since 1999. Today CDON is the leading local marketplace in the Nordics, with over 1,300 connected merchants and two million customers.

TM & Partners’ teams consisted mainly of:

• Johan Wigh (partner)
• Sebastian Hellesnes (associate)
• Philip Bihl (associate)

TM & Partners legal advisor to Inission AB in connection with its directed issue

Inission AB (“Inission”) has completed a private placement of Class B shares through a private placement, performed by Nordea Bank Abp, filial i Sverige, raising approximately SEK 88.3 million before transaction costs.

Inission is a profitable total supplier that offers demanding industrial customers in the Nordic region complete electronic and mechanical products of the highest quality. Inission has production units in Stockholm, Västerås, Borås, Munkfors, Malmö, Trondheim (Norway), Lohja (Finland), Lagedi and Tallinn (Estonia). Inission also owns a sales company in Copenhagen. Inission is listed on Nasdaq First North Growth Market.

TM & Partners acted as legal advisor to Inission in connection with the transaction. TM & Partners’ team consisted of Johan Wigh (partner), Sebastian Hellesnes (associate) and Philip Bihl (associate). Nordea Bank Abp, filial i Sverige acted as financial advisor and Sole Bookrunner in connection with the directed new issue.

Törngren Magnell has advised RNB in connection with its rights issue

Törngren Magnell advised RNB RETAIL AND BRANDS AB (publ) on its rights issue of approximately MSEK 84.8. In addition, Törngren Magnell assisted RNB with the written procedure for its MSEK 400 senior secured bond.

RNB owns, operates and develops fashion wear, ready-to-wear clothing, accessories, jewellery and cosmetics stores and e-commerce. Sales are conducted through the concepts Brothers, Departments & Stores, Man of a kind and Polarn O. Pyret. The group has around 250 stores and e-commerce platforms in ten countries.

RNB’s shares are listed on Nasdaq Stockholm.

Törngren Magnell’s team consisted of:

• Johan Wigh (Partner, Capital Markets)
• Sebastian Hellesnes (Associate, Capital Markets)
• Philip Bihl (Associate, Capital Markets)
• Tobhias Brandell (Partner, Banking & Finance)
• Matilde Abejón (Associate, Banking & Finance)