
Ratos refinances Anticimex
Ratos has completed a SEK 476m refinancing round of cleaning and sanitation service provider Anticimex.
Following the refinancing, Ratos receives a dividend of SEK 405m that will be paid out in April. According to the investor, the refinancing was made possible due to the strong performance of the company in recent years.
Ratos acquired an 85% stake in Anticimex in 2006 from Nordic Capital for an enterprise value of SEK 1.648bn. The deal was financed with equity and a debt package worth in the region of SEK 1bn.
Anticimex was established in 1934 and offers cleaning and sanitation services such as pest control and dehumidification. Since Ratos acquired the company, turnover has grown from SEK 1.275m in 2005 to SEK 1.856bn in 2010 and EBITA from SEK 114m to SEK 198m.
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