Trading in Lindab’s shares on the Stockholm Stock Exchange will commence today. The market capitalisation of the company is SEK 8.658bn. Lindab, which offers in-house solutions in steel and sheet metal, is one of Ratos's portfolio companies.
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Bowmark will provide additional funding of £100m to fund the company's add-ons acquisitions
Exit represents an 18x return on Octopus's initial investment and a 9x return on its total investment
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties