Transtema Group AB (XSAT:TRANS) signed an agreement to acquire 60% of Nordlund Entreprenad AB from Johnas Nordlund for SEK 0.5 million on September 11, 2017. Transtema Group has an option to redeem the remaining 40% of the shares which may be redeemed in three years for shares in Transtema. Johnas Nordlund will continue as the Chief Executive Officer of Nordlund Entreprenad, and continue the company as before. The acquisition is expected to contribute positively to Transtema's operating profit in 2017. Erik Penser Bank acted as financial advisor for Transtema.