AB Fagerhult (publ) has entered into an agreement to acquire iGuzzini illuminazione S.p.A. for EUR 385 million on a cash and debt free basis.
After closing of the transaction, the intention is that Fagerhult will repay a bridge loan, raised to finance such part of the consideration that is not payable in Fagerhult shares, with the proceeds from a rights offering of approx. EUR 220 million.
Vinge and others advise Fagerhult. The Vinge team includes Erik Sjöman, Christian Lindhé and Ludvig Frithiof.