Lindahl has assisted Nordkom in its divestment of Ottoboni, one of Sweden's leading digital communications agencies, to Nordic Morning Oyj.
The purchase price was up to SEK 93 million on a cash and debt free basis, of which SEK 68.2 million was paid at closing, and up to SEK 24.8 million is payable based on Ottoboni’s result in 2015.
Nordkom is a communications group that, besides Ottoboni, consists of the business area Done, one of Sweden’s leading production agencies. Nordkom’s share is listed on First North.
Nordic Morning Oyj is headquartered in Finland and consists of 14 companies with operations in six countries. The Group’s sales totaled EUR 106.6 million in 2014.
Lindahl advised Nordkom in the transaction through Johan Hessius (lead partner), Anders Moberg (project manager), Jonatan Söderkvist and Erik Sundgren.