Moll Wendén has acted as legal advisor to Nederman in connection with the acquisition of the Canadian company Duroair Technologies Inc. Through the acquisition, Nederman strengthens the Extraction & Filtration Technology (E&FT) division in US & Canada.

Duroair has a unique market position in designing, manufacturing and selling climate controlled air filtration with US and Canada as the main markets. Duroair’s unique and flexible enclosures and filtration systems trap and extract fumes, dust and gases created by coating, grinding, sanding and adhesive bonding processes. The company has a strong position within the defense, aerospace and industrial manufacturing industries. 

The acquisition is made for a purchase price based on an enterprise value of approximately CAD 11 million plus a potential earn out.

Canadian law firm Blake, Cassels & Graydon LLP and American law firm Sullivan & Worcester LLP has been local law advisors in the transaction.

For more information, please see Nederman’s press release here.

Moll Wendén’s team mainly consisted of Mikael Karlsson (responsible partner) and Alexandra Johansson.