Philip Bihl is an associate within the firm’s capital markets group.
Mobile: +46 76 00 283 53
Philip Bihl is an associate within the firm’s capital markets group.
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).
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. 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) and Philip Bihl (Associate, Capital Markets). In addition, a large number of the firm’s lawyers have assisted in their areas of expertise.
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) and 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 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 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.
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 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) and Matilde Abejón (Associate, Banking & Finance).