For all media enquiries please contact Mikael Widell, Communications Manager: Tel: +46 8 440 50 50 Direct: +46 8 440 50 70 Mobile: +46 703 11 99 60 Fax. +46 8 611 79 98 e-mail: mikael.widell@nordiccapital.com
Nordic Capital Fund VII ("Nordic Capital") today announced that it has acquired Orc Group AB ("Orc"), a leading provider of technology and services to the global financial industry, through a recommended public tender offer. The offer was successfully completed on January 27, with an acceptance level of 95.5 percent.
The Swedish confectionery companies Cloetta (ticker: CLA B) and LEAF today announced a merger of the two companies (the "Transaction"). The combined company will take the well established name of Cloetta and become a leading Swedish confectionery company with a strong base in the Nordic region as well as in Italy and the Netherlands. The new Cloetta will manage a portfolio of iconic brands and have pro forma net sales of SEK 5.7 billion and recurring EBITA of SEK 666 million.
Nordic Capital was awarded the coveted Private Equity Deal of the Year at the fifth annual European M&A Awards, held in London on 8 December, recognising excellence in corporate, private equity, banking and legal M&A expertise.
