Baker McKenzie acted as legal advisor to Håndverksgruppen in connection with the acquisition of Dextry Group from Storskogen, listed on Nasdaq Stockholm.
Dextry Group is a Swedish group consisting of 14 companies in the surface treatment industry with a turnover of almost SEK 750 million and approximately 600 employees. The transaction is subject to customary regulatory approval.
Håndverksgruppen, headquartered in Oslo, is the largest surface treatment provider in the Nordics. The company aims to professionalize the industry by focusing on sustainability, working life and professional quality throughout the Nordic region. Håndverksgruppen now has an aggregate turnover of in excess of NOK 6 billion and companies in Norway, Sweden and Denmark, all active in painting, flooring, masonry and tiling.
FSN Capital Partners, established 1999, is a leading Northern European private equity firm and advisor to the FSN Capital Funds, with EUR 4 billion under management and offices in Oslo, Stockholm, Copenhagen, and Munich. FSN Capital is a main owner of Håndverksgruppen together with over 600 employees of Håndverksgruppen.
Baker McKenzie's core team consisted of John Gustafson, Costin Mihailescu, Daniel Högström, Carl Johan Lie Karlberg, Dennis Hadzic, Mikael Genfors and Alva Laestadius. Baker McKenzie has previously acted as legal advisor to Håndverksgruppen on more than 20 acquisitions.