Avantus Corporate Finance is pleased to announce that we, together with our Norwegian partner within M&A International Inc., initiated and successfully advised Norway Post-owned ErgoGroup on its acquisition of SYSteam AB.

ErgoGroup has today signed a contract to buy more than 90% of the shares in SYSteam’s operations in Sweden, Norway, Finland and Denmark. The remaining shareholders will receive an offer to sell their shares in the company to ErgoGroup. The total purchase price will be SEK 1,100 million.

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