Lindahl advises Koenigsegg on billion euro transaction

Lindahl is acting as legal advisor to Koenigsegg Automotive AB in a strategic partnership with National Electric Vehicle Sweden AB (NEVS).

The deal involves NEVS making a capital injection of EUR 150 million through a new share issue and the purchase of existing shares. NEVS will thus become the owner of a 20% minority stake in Koenigsegg's parent company.

In addition, the parties will form a joint venture to expand into new market segments. NEVS will provide $150 million in seed capital for a majority stake in the joint venture. Koenigsegg will provide intellectual property rights, technical licenses and product designs. Through the joint venture, NEVS and Koenigsegg will capitalize on each other's strengths and jointly develop a product for new segments.

Lindahl's team consisted of Staffan Brandt, Annika Brandt, Henrik Nilsson, Staffan Seger, Viktor Friberg, Axel Strandborg, Simon Petersson, Pernilla Skoglösa and Johan Myrén.

About our client Koenigsegg

Koenigsegg Automotive, headquartered in Ängelholm, Sweden, with more than 200 employees, is a leading global manufacturer of exclusive hyper sports cars led by Christian von Koenigsegg.

About NEVS

NEVS, headquartered in Trollhättan and employing approximately 650 people, focuses on manufacturing premium electrified vehicles and is indirectly majority owned by Evergrande Health Industry Group Limited, whose shares are listed on the Hong Kong Stock Exchange.

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