Nederman acquires US group Environmental Filtration Technologies

“The acquisition of EFT will provide Nederman with a strong foothold on the important North American market and will also strengthen us in other important markets, such as Australia, “says Nederman’s CEO, Sven Kristensson. MOLL WENDÉN has been lead M&A counsel to Nederman Holding AB and Nederman Holding USA, Inc. in relation to the acquisition of Environmental Filtration Technologies, Inc.

MOLL WENDÉN has been lead M&A counsel to Nederman Holding AB and Nederman Holding USA, Inc. in relation to the acquisition of Environmental Filtration Technologies, Inc. Mikael Karlsson has been responible partner assisted primarily by Lovisa Elardt, Martin Jönsson and Hanna Rehn. Moll Wendén has instructed and monitored advice from local law firms in the US, Germany, France and Australia.

EFT had sales of MSEK 834 in 2011 with a workforce of 385.

“The acquisition of EFT will provide Nederman with a strong foothold on the important North American market and will also strengthen us in other important markets, such as Australia. EFT’s solutions and knowhow within business segments in the base industry (i.e. mining-, chemical- and steel industries) complement Nederman’s and further strengthen our world-leading position in industrial air filtration,” says Nederman’s CEO, Sven Kristensson (see press release).

“It has been a great joy to once again advice Nederman on a large and complicated international acquisition. The process has involved a number of complex legal issues and it has been a long and challaging bidding process from which Nederman came out as the succesful bidder.”, says MOLL WENDEN’s  Mikael Karlsson.

Contact:

Mikael Karlsson, partner at MOLL WENDÉN Law Firm
mikael.karlsson@mollwenden.se, +46 40 665 65 35

Read more about MOLL WENDÉN’s services within M&A.

Nederman press release