News

Mandates | 2021-03-19

TM & Partners has assisted OBOS in the purchase of an attractive project property in central Nacka

TM & Partners has assisted OBOS, in the purchase of a residential project property (Elverkshuset), one of the largest residential projects in the central part of Nacka. The purchase is part of Obos’ ambitious planned investment to double its residential production in Sweden from 1,500 to 3,000 units per 2026, with an increased focus on ...

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Mandates | 2021-03-15

TM & Partners has assisted KF Fastigheter in connection with that Magnolia Bostad becomes a joint venture partner in Upplands-Bro – the parties are going to develop a new residential area

KF Fastigheter has sold 50 percent of the shares in Bro Mälarstrand Bostad AB (JV-company) to Magnolia Bostad. In Bro Mälarstrand, the JV‑company plans to build approximately 950 residentials of varying character with terrace houses, detached houses and multi-family residentials. The forms of the residentials will be tenancies, co-operative apartments and detached houses. For more ...

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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 ...

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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 ...

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Mandates | 2021-03-03

TM & Partners has assisted Oasmia Pharmaceutical in relation to its acquisition of the global development and commercialization rights for Cantrixil

TM & Partners has assisted Oasmia Pharmaceutical (Oasmia) in relation to its acquisition of the global development and commercialization rights for Cantrixil, a clinical stage, ovarian cancer program. The transaction includes an upfront payment of $4 million, milestone payments worth up to $42 million and sales-based royalties. The Australian law firm Allens and TM & ...

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Mandates | 2021-02-22

TM & Partners has assisted Sunt Boende in the sale of 292 residential apartments in Vega, Haninge municipality, to Willhem

TM & Partners has assisted Sunt Boende Projekt nr 1 AB in the sale of 292 residential apartments to Willhem Stockholm Holding AB. The residential apartments will be constructed in Vega, Haninge municipality, and will include a total lettable area om 9893 square meters. The construction of the project is expected to begin during Q1 2021. ...

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Mandates | 2021-02-22

TM & Partners legal advisors to Arcane Crypto AB in connection with directed issue

Arcane Crypto AB (“Arcane Crypto”) has completed a directed issue of shares to two investors, raising approximately SEK 49.5 million before transaction costs. As part of the transaction, Arcane Crypto has also completed a directed issue of warrants which, if exercised, would raise an additional approximately SEK 24.75 million. Arcane Crypto develops and invests in ...

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Mandates | 2021-02-18

TM & Partners has assisted Endúr ASA in the acquisition of Marcon-Gruppen i Sverige AB

TM & Partners has acted as Swedish legal counsel to Endúr ASA in connection with the acquisition of Marcon-Gruppen i Sverige AB for a purchase price of SEK 400 million. Marcon-Gruppen i Sverige AB is a market leader within marine infrastructure in Sweden and performs a range of services connected to marine infrastructure construction and ...

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Mandates | 2021-02-15

TM & Partners has assisted Citycon in a sale of three shopping centres in Stockholm

Törngren Magnell & Partners has assisted Citycon in the sale of three shopping centres in Tumba, Högdalen and Fruängen in Stockholm to Niam. The total area comprises approx. 57,000 sq. m. and the purchase price is approx. SEK 1,500 million. For further information, please see pressrelease. Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (responsible partner), Catharina Danielsson (project ...

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Mandates | 2021-02-11

TM & Partners advisor in connection with reverse acquisition of Arcane Crypto on Nasdaq First North Growth Market

TM & Partners has acted as legal advisor to Arcane Crypto AS in connection with the reverse acquisition through which Vertical Ventures AB (publ) acquired all shares in the Norwegian company Arcane Crypto AS, where the consideration consisted of newly issued shares in Vertical Ventures. In connection with the reverse acquisition, Vertical Ventures has changed ...

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