Vestum AB (publ) (OM:VESTUM) agreed to acquire Universalisolering Fredriksson Ab on September 29, 2021. The purchase price will partly be financed through payment in reverse, which will then be set off against 171,682 shares in Vestum through offset issues. During the last twelve months per June 2021, Universalisolering generated sales of SEK 62.9m with an EBITDA of SEK 10.5 million, corresponding to an EBITDA margin of 16.7%.

The transaction is expected to be completed within approximately three weeks. In connection with the completion of the transaction, the Board, backed by an authorization of the Annual General Meeting, will make a formal decision to issue the shares in the offset issue. Founders of Universalisolering will move to Vestum.

Svalner provides financial advice and Qap Legal acts as legal adviser to Vestum in connection with the acquisition. Universalisolering Fredriksson Ab has 46 employees and annual sales of 62.90 million.