Swedol AB (OM:SWOL B) agreed to acquire Grolls AB from Litorina Kapital III, L.P., managed by Litorina Capital Advisors AB, and management of Grolls for SEK 790 million on May 6, 2016. Further, Swedol will raise SEK 300 million in right issue. In 2015, Grolls reported turnover of SEK 1 billion and operating profit of SEK 80 million. The deal is conditional on approval from the competition authorities, and is expected to be completed during summer 2016. The acquisition of Grolls will have positive impact on profits even after rights issue. Handelsbanken Capital Markets acted as financial advisor, Jonas Johansson, Josefin Backlund, Andrea Ahlgren, Helena Håkansson and Gustav Tengblad of Vinge acted as legal advisor and PwC acted as accountant and provided advisory analysis services for the shareholders of Grolls. Roschier acted as legal advisor to Swedol. Swedol AB (OM:SWOL B) completed the acquisition of Grolls AB from Litorina Kapital III, L.P., managed by Litorina Capital Advisors AB, and management of Grolls on June 8, 2016.