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.

Comments are closed.