MQ Holding AB (publ) ("MQ"), listed on Nasdaq Stockholm, has entered into an agreement to acquire all shares in the fashion chain Joy Shop AB from the private equity company Segulah.
The acquisition brings MQ Group 54 JOY stores in Sweden, as well as e-commerce, and thereby strengthens MQ’s position in the Nordic fashion market. The transaction is subject to approval from the Competition Authority and that consent is obtained from counterparties in certain material agreements. Admission is expected around May 2, 2016.
Lindahl has acted as legal advisor to MQ. The team consisted of Lars-Henrik Andersson (partner), Monika Hager (project managers, M&A), Yousef Chakir (M&A), Johan Hörnberg (Labour), Johanna Svantesson (Competition) and Anna Tarring and Sara Ulfsdotter (Intellectual Property).