Cederquist has assisted Cloetta AB (publ) in connection with its acquisition of Candyking Holding AB

Cederquist has assisted Cloetta AB (publ) in connection with its acquisition of Candyking Holding AB, which was published on Friday the 17 of February.

Cloetta has agreed to acquire 100 per cent of the shares in Candyking as well as 100 percent of Candyking’s outstanding bond and other debt. The initial purchase price amounts to SEK 325m on a cash and debt free basis with a potential additional purchase price of maximum SEK 225m based on the result of Cloetta’s and Candyking’s combined sales volume.

Cederquist’s team was led by partners Wilhelm Lüning and Fredrik Lundén (ECM), assisted by senior associate Nils Lundgren (ECM) and associate Helena Caan Mattsson (M&A).