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Deal Date: 26-04-2016 Practice Area: Corporate and M&A
Deal Title: Sale of Micropack (Engineering) Ltd to Consilium AB Industry: Electronic & Electrical Equipment
Description:
MAQS advised the majority shareholders in connection with the sale of a 79 percent stake in the Scottish fire security company Micropack (Engineering) Ltd. to Consilium AB. The purchase price for the shares in Micropack – which together with its US subsidiary Micropack Detection (Americas) Inc. develop and sell advanced flame detectors and qualified fire and gas detection safety services to major operators in the global oil and gas industry – was SEK 222 million.
Financial Center: Stockholm Value: 100.01-500.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: United Kingdom Acquiror Jurisdiction: Sweden
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Patric Olofsson