Morris Law has assisted Malte i Sverige Holding AB in connection with the sale of its subsidiary AVA Monitoring AB to the international industrial group Indutrade.
Gothenburg- based AVA Monitoring AB, develops, manufactures and sells fully automated and cloud-based vibration measurement and monitoring equipment used in connection to infrastructure engineering projects and construction projects.
Indutrade AB (publ) is an international industrial group listed on Nasdaq Stockholm. Indutrade markets and sells components, systems and services with a high-tech content within selected nichesnd operates through more than 200 subsidiaries with some 7 000 employees in 32 countries, across four continents. AVA Monitoring will be included in Indutrade's Business Area Measurement & Sensor Technology.
Oaklins acted as financial advisors to Malte i Sverige Holding AB in connection with the transaction. Oaklins´ team mainly consisted of Sven-Åke Lewin, Lars Gustafsson and Jakob Mårtensson.
The Morris Law team consisted mainly of Olof Myhrman, Johanna Elvander Juhlin and Anders Eriksson (M&A and Corporate).