Practice area

Mergers & Acquisitions

10 August 2022 · News

Moll Wendén has advised Nederman in relation to its acquisition of RoboVent

Moll Wendén has advised the environmental technology company Nederman in relation to its acquisition of North American RoboVent for a purchase price of approximately SEK 430 million.

RoboVent is a clean air technology leader in air pollution control solutions for industrial fume, dust and mist control applications. The company has more than 100 employees in North America.

The turnover of RoboVent for 2021 was approximately USD 32 million and turnover for 2022 is forecasted to significantly exceed 2021. Through the acquisition, Nederman is significantly strengthening its North American position by becoming the number one player within the U.S. weld fume extraction segment.

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

Mikael Karlsson has been responsible for the legal advice provided by Moll Wendén.