HEW-KABEL GmbH acquired Habia Cable AB from Beijer Alma AB (OM:BEIA B) for SEK 910 million.
October 13, 2022
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HEW-KABEL GmbH entered into an agreement to acquire Habia Cable AB from Beijer Alma AB (publ) (OM:BEIA B) for SEK 910 million on July 5, 2022. As of June 30, 2022. Habia Cable's total assets are reported as SEK 847.3 million and shareholder's equity as SEK 368.8 million. The transaction is subject to customer terms and conditions and is expected to be completed towards the end of the third quarter of 2022. goetzpartners advised HEW-Kabel on its acquisition of Habia Cable with a Commercial Due Diligence.
HEW-KABEL GmbH completed the acquisition of Habia Cable AB from Beijer Alma AB (publ) (OM:BEIA B) for SEK 910 million on October 14, 2022. Clifford Chance France and Sue Hinchliffe of Clifford Chance LLP acted as legal advisors to HEW-KABEL GmbH in the transaction.
Beijer Alma AB is a Sweden-based company engaged in the production of components and industrial trading. Its business concept is to acquire, own and develop small and medium-sized companies with growth potential. Its operations are conducted by the subsidiaries focused on industrial customers. Lesjofors is an international supplier of industrial springs, wire and flat strip components. Habia Cable is a manufacturer and marketer of cables and cable systems for demanding applications, such as mobile telecommunication, defense, nuclear power and infrastructure. Beijer Tech is a company focused on industrial trading within the areas of hoses, fittings, rubber sheeting, wear protection, power transmission and surface treatment, as well as foundry, steelworks and smelters. The Company has approximately 40 subsidiaries active in Denmark, Norway, Finland, the United Kingdom, Germany, Latvia, China, Russia, Slovakia, the Netherlands, the United States, France and Poland.
BEIJER ALMA AB 
