Global law firm White & Case LLP has advised Norva24 Group AB (publ) on its SEK 6.9 billion initial public offering (IPO) on Nasdaq Stockholm.
Norva24 is a leader in the Northern European underground infrastructure maintenance (UIM) industry, offering UIM services such as emptying services, pressure washing and pipe services. The company has a strong acquisition track record, having completed 32 acquisitions since its formation in 2015, and has established market leading positions in Norway, Germany, Sweden and Denmark. Norva24 operates 66 branches across Norway, Germany, Sweden and Denmark, with approximately 1,415 employees and approximately 860 active operating vehicles in its fleet.
The White & Case team which advised on the transaction was led by partners Shoan Panahi, Johan Thiman (both Stockholm) and Mikko Hulkko (Helsinki) and included partners Carl Hugo Parment (Stockholm) and Tomislav Vrabec (Frankfurt), counsel Peter Svanqvist (Stockholm) and associates Sebastian Wallin, Gustaf Wiklund, Anders Westling (all Stockholm), Thomas Killeen (Helsinki), Jonas Johansson, Marcus Halling, Christoffer Nilmén, Karl Nordlin, Daniel Agnemyr, Izabella Barisa, Monica Ericson, Louise Nässén (all Stockholm) and Paul Kohlhaas (Frankfurt).
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