Vestum AB (publ) (OM:VESTUM) agreed to acquire Gw Asfalt & Tradgardsanlaggningar Ab from Fundamenta Grundlaggning Ab for SEK 78.9 million on October 5, 2021. The purchase price will partly be financed through payment in reverse, which will then be set off against 799,676 shares in Vestum through offset issues. This will result in a dilution of approximately 0.9%. For the year ended June 30, 2021, GW Asfalt generated sales of SEK 224.3 million with an EBITDA of SEK 47.1 million. The acquisition is expected to be completed within approximately four to six weeks. In connection with the completion of the acquisition, the Board, backed by an authorization of the Annual General Meeting, will make a formal decision to issue the shares in the offset issue. The acquisition is subject to customary closing conditions, including merger control clearance. AdviserSvalner Skatt & Transaktion KB acted as financial advisor while Anders Moberg of Cirio Advokatbyrå AB acted as legal advisor to Vestum AB. Daniel Rosvall of Advokatfirman Vinge KB acted as legal advisor to Advokatfirman Vinge KB.