Swedencare AB (publ) has carried out a private placement of shares of approximately SEK 222 million to Swedish and international institutional investors. The subscription price of SEK 296 was determined through an accelerated bookbuilding procedure. 

Swedencare develops, produces partly in own factory, markets and sells premium products on the global and fast-growing market within animal healthcare for cats, dogs and horses. The company's headquarter is located in Malmö and the products are represented on approximately fifty markets in all parts of the world to veterinarians, pet shops and online through a distribution network including ten subsidiaries as well as an international distribution network.

The proceeds from the private placement will be used to partially finance the acquisition of the US e-commerce company Holden2 LLC.

Pareto Securities acted as Sole Manager and Bookrunner. Baker McKenzie acted as legal advisor to Pareto Securities. Joakim Falkner, Ian Gulam and Per Blom from Baker McKenzie's Capital Markets team in Stockholm were involved in the transaction.

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