Practice area

Mergers & Acquisitions

22 May 2018 · News

XANO acquires Polyketting Holding B.V. with subsidiaries

Moll Wendén has represented XANO industri AB (publ) on the acquisition of Polyketting Holding B.V. with subsidiaries. The company is located in Dutch Zelhem and will become part of XANO´s business unit Industrial Solutions.

Polyketting Holding B.V. is involved in the development, manufacture and sales of automation excavation primarily in transport systems and accumulation units for the packaging industry. Thanks to the acquisition, XANO’s business area is strengthened with new skills while gaining access to new market segments. At Polyketting, the existing 60 people are working to help deliver existing markets with more complete solutions and expand capacity to carry out major automation missions.

Moll Wendén has been the buyer’s legal advisor in the transaction. Local representative in the Netherlands was DeBreij’s law firm.

Image source: Xano.se