Delphi newsletter no 1, March 2013
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Delphi advisor to Galena Biopharma, Inc. in the acquisition of the drug Abstral in the U.S. from Orexo AB
Delphi has assisted Galena Biopharma Inc. and its U.S. advisor in the acquisition of Abstral in the U.S. from Orexo AB. Galena Biopharma is a biopharmaceutical company developing innovative, targeted oncology treatments that address major unmet medical needs to advance cancer care. Abstral is the...
Delphi advisor when Addtech acquired 80 per cent of shares in Rutab AB
Delphi has advised Addtech Nordic AB, a part of Addtech Energy and a business area within the Addtech Group, in connection with Addtech’s acquisition of 80 per cent stake in Rutab AB (“Rutab“) and its subsidiaries. Rutab is a leading supplier of cable glands, grommets and flexi...
Delphi has advised Sykes Enterprises at Telenor’s outsourcing of its customer service
Delphi has advised Sykes Enterprises as legal advisor in connection with Telenor’s outsourcing of its customer service. Sykes Enterprises takes over the responsibility for Telenor’s customer service operations from 7th April 2013 together with another supplier. The transaction...
Delphi advised in connection with Immunicum AB (publ) issues new shares before listing on NASDAQ OMX First North
Immunicum AB (publ) is a Swedish company based in Gothenburg, which develops therapeutic cancer vaccines. Immunicum has created patented methods to activate the body’s own immune system to attack cancer cells, including metastatic cancer with the goal of improving both survival and quality of...
Delphi advised on the acquisition of Neonet AB (publ) from Nordic Capital Fund VII
Delphi has acted as counsel jointly with Hogan Lovells to Hay Tor Capital I Limited in connection with Hay Tor Capital I Limited, KAS BANK N.V. and the managements of Neonets’ acquisition of the majority of the shares in Neonet AB (publ) from Nordic Capital Fund VII. The Nordic Capital fund wi...
Delphi advisor to Cherry AB (publ) in conjunction with the divestment of Sverige-, Norges- and Danmarksautomaten
Cherry AB (publ) is a market leader in restaurant casinos in Sweden and is also leader concerning online slot machines in Scandinavia. Delphi has assisted Cherry in conjunction with the divestment of Sverigeautomaten, Norgesautomaten and Danmarksautomaten and the acquisition of CherryCasino.com. &nb...
Delphi advises Veidekke Bostad in a unique joint venture between Alecta and Veidekke Bostad for new housing
The property development company Veidekke Bostad and the occupational pension specialist Alecta form the joint venture Convea and thereby initiate a unique collaboration for development and construction of co-operative ownership apartments and tenancy apartments. The rental buildings shall be owned...
Delphi advised on the acquisition of Direkt Optik Aktiebolag
Delphi has acted as local counsel to SJ Berwin in connection with Hans Anders Retail Group B.V. acquisition of Momentai Plc and its Swedish subsidiary Direkt Optik Aktiebolag. Hans Anders Retail Group B.V. has been a supplier of quality eyeglasses and hearing aids and is market leader in the D...
Delphi nominated for Chambers Europe Awards for Excellence 2013
Delphi has been nominated for Excellence Award 2013 in Sweden by Chambers Europe. This award reflects the law firms that have shown excellence in key business areas and also remarkable progress over the last 12 months including outstanding work, impressive strategic growth and excellence in client...
Delphi advised Unilin and Mohawk Industries in the acquisition of Pergo
Delphi has advised Unilin and Mohawk Industries, Inc. (NYSE: MHK) on the acquisition of Pergo, for $150 million in cash. Pergo’s sales in 2011 were approximately $320 million in the U.S. and Europe. The transaction was announced on 29 October 2012 and the transaction closed on 10 January 2013....
Delphi advised Nibe Industrier AB (publ) on acquisition of Stovax Heating Group Limited
Nibe Industrier AB (publ) was advised by Advokatfirman Delphi on its acquisition of Stovax Heating Group Limited. Nibe Industrier AB (publ) has reached an agreement to initially acquire 60 % of the shares and the remaining 40 % of the shares in 2016. The acquired business will form part of the NIBE...
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