Moll Wendén has acted as legal advisor to Nederman Holding AB in connection with the acquisition of the Spanish company Euro-Equip S.L. The acquisition strengthens Nederman and its Process Technology division in the foundry and metal recycling markets.

Founded in 1974, Euro-Equip has a strong market position in designing and selling equipment and complex turnkey solutions to foundries, metal recycling, and the aluminum smelting market. The acquisition of Euro-Equip enhances Nederman’s capabilities and offerings in Spain, Mexico, and other parts of the world. Euro-Equip’s headquarters are in Lezama, Spain, and the company has approximately 30 employees.

Euro-Equip has a turnover of approximately EUR 22 million and the acquisition is made for a purchase price based on an enterprise value of approximately EUR 15 million.

Spanish law firm J&A Garrigues, S.L.P. has been local legal advisor in the transaction.

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

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