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News

AVENIR HAS REPRESENTED MAGNENTUS IN THE ACQUISITION OF A MULTISTORY CAR PARK

Through the acquisition of Vårdtornet Parkering AB, Magnentus has again expanded its real estate portfolio with a newly built multistory car park in the center of Norrköping. Seller has been the municipal company Norrköping Parkering AB.

Avenir has represented the buyer Magnentus in the acquisition, including drafting contracts and closing.

AVENIR HAS ASSISTED IN A TRANSFER BETWEEN SAHLIN FASTIGHETER AND 3 N BOSTÄDER

Sahlin Fastigheter AB has transferred “the Crown Jewel” – as Torsten Sahlin called it – Söderköping Udden 2 through a company transfer to 3 N Bostäder AB, an affiliate to 3 N Fastigheter AB. The property is located in the outskirts of Söderköping and has a larger number of residential apartments. Through the acquisition, 3 N has once again expanded its property holdings in Östergötland.

Avenir has assisted in the transfer regarding inter alia contract writing and closing.

AVENIR HAS ASSISTED IN SEVERAL BUSINESS TRANSFERS

Since the summer 2018, Avenir has assisted various buyers and sellers in a number of business transfers, among others Gigantprint Holding AB in the transfer of Gigantprint AB to the Danish company STIBO Complete A/S. The acquisition establishes STIBO Complete A/S in Sweden. Gigantprint is the market leader in Sweden in the production of graphic material for marketing in stores and for events. The company has about 75 employees and a turnover of approximately SEK 150 million.

Furthermore, we have represented Ljungbacka in Svärtinge AB with the acquisition of Elmacron AB. Ljungbacka in Svärtinge is partly owned by Nina Saarvanto who has been CEO of Elmacron for a long time and decided to acquire the company. Elmacron is engaged in the production of various measuring instruments and have been in the industry for over 40 years.

In addition, we have represented Andrum Invest AB on the sale of ERC Systems AB. The company has a turnover of approximately SEK 20 million and is engaged in the relining of surface and waste water pipes.

We have also represented 3N Lyktan AB in connection with the acquisition of the real estate company Ekkällmark AB, which owns the commercial property Elitlaget 2 in Linköping. 3N Lyktan is part of a Group with 3N Fastigheter as the parent company. The Group owns a number of properties in Norrköping and the surrounding area and is continuously expanding.

In all transfers, we have assisted with contract negotiations, drafting contracts and closing.

Avenir has represented Strömtornet in the sale of real estate property

Strömtornet Fastighets AB has sold the property Ritsaren 8 in Norrköping through a company transfer to Hyresbostäder. The property has about ten premises and a rentable area of ​​approximately 3 000 square meters.

Avenir has represented the seller Strömtornet Fastighets AB in the transaction, including drafting contracts, negotiations and closing.

Avenir has assisted 3N Lyktan AB in the acquisition of the real estate company CGM Fastigheter AB

3N Fastigheter AB has through its subsidiary 3N Lyktan AB expanded its real estate portfolio with the property Kolet 3, through acquisition of CGM Fastigheter AB. The property is located in Risängen in Norrköping and contains two floors with newly renovated office space.

Avenir has assisted the buyer 3N Lyktan AB in the acquisition, including drafting contracts and closing.

Settlement reached between Sahlin and Vargarna Speedway

Avenir has represented the former president of Vargarna speedway club, Torsten Sahlin, regarding his claim on Vargarna of 1,9 million SEK. An agreement has now been reached between the parties, whereby Vargarna transfers the whole speedway arena with inventories to Sahlin, and payment for this is made through offset against Sahlins claim on Vargarna. A lease agreement has been signed allowing Vargarna to rent the arena and property from Sahlin during a period of ten years.

The agreement was reached after relatively intensive negotiations. Avenir has represented Sahlin in the negotiations with Vargarna and, among other things, with the drafting the contracts and closing.

Sahlin is very pleased with the settlement, which also has enabled Vargarna to live on as speedway club, despite the debt to Sahlin.

Avenir has represented Magnentus in the acquisition of Gripen 9

Through the acquisition of Heimstaden Levanten AB, Magnentus has expanded its real estate portfolio with the property Gripen 9 in the centre of Norrköping, with a property value of 150 million SEK. The property contains a number of business spaces and 35 apartments, and has a rentable area of approximately 9 300 square meters.

Avenir has represented the buyer Magnentus in the acquisition, including drafting contracts and closing.

Avenir has assisted Eklöf Fastighets AB in the acquisition of the real estate company Ivan Svensson Bygg & Konsult AB

Eklöf Fastighets AB in Norrköping has expanded its real estate portfolio with five rental properties in Norrköping, through acquisition of Ivan Svensson Bygg & Konsult AB. The properties contain about 70 apartments and the rentable area amounts to more than 4 500 square meters.
 
Avenir has assisted the buyer Eklöf Fastighets AB in the acquisition, including drafting contracts and closing.

Avenir has assisted Magnentus in the sale of the real estate property Enen

Magnentus has sold the property Enen, containing a block in the centre of Norrköping, to the buyer Heimstaden AB. The transaction was carried out through several company transfers to a total property value of 275 million SEK. The property contain 149 apartments and some premises, and the rentable area amounts to approximately 9 000 square meters.
 
Avenir has assisted the seller Magnentus in the transaction, including drafting contracts and closing.

Avenir has represented Eklöf Fastighets AB in the acquisition of real estate company Brogripen Norrköping AB

Eklöf Fastighets AB has expanded its real estate portfolio with eight rental properties in Norrköping through the acquisition of BroGripen Norrköping AB. The properties contain about 120 apartments and a number of premises. The rentable area amounts to more than 9 000 square meters.
 
Avenir has represented the buyer Eklöf Fastighets AB in the acquisition with legal due diligence, drafting contracts and closing.

Avenir has assisted Eklöf Fastighets AB in the sale of real estate property

Eklöf Fastighets AB in Norrköping has sold the property Röken 24 in the centre of Norrköping through a company transfer. The property contains 14 apartments and has a rentable area of ​​approximately 700 square meters.
 
Avenir has assisted the seller Eklöf Fastighets AB in the transaction, including drafting contracts and closing

Avenir has assisted Fyrfjärden AB in the acquisition of Tisab

Fyrfjärden AB has acquired all shares in TISAB i Norrköping AB. Avenir has represented the buyer in negotiations in the transaction, drafting contracts and closing.
 
TISAB was started in 1991 and has currently about 30 employees. The company sells, manufactures and installs steel frames. The company has delivered orders to, among others, SSAB, Mirum Galleria, Fiskeby, Lundbergs, Magnentus, Linköping University, Stadium, etc.

Avenir has assisted Wärnelius in the acquisition of K A Project AB

Magnus Värnelius Holding AB has acquired the company K A Project AB, which thus becomes sister company to the construction company Wärnelius Bygg & Konsult AB and the real estate company Magnus Värnelius Fastighetsförvaltning AB. Avenir has represented the buyer in negotiations of the deal, drafting contracts and legal due diligence.

K A Project AB has 30 employees and an extensive experience within reconstruction of mainly commercial real estate property. The company has service agreements with customers including the Municipality of Norrköping and real estate companies L E Lundbergs, Klövern, Hyresbostäder and Heimstaden.

Through the acquisition, the Wärnelius-group strenghtens its capacity within construction service aswell as residence- and disability adjustments, which Wärnelius Bygg & Konsult AB already has great experience within. The acquisition also leads to new recruitments in the company.