M&A Deal Summary

Fredensborg Eiendomsselskap AS Acquires Heimstaden i Malmö AB

On September 27, 2005, Fredensborg Eiendomsselskap AS acquired real estate company Heimstaden i Malmö AB from Reiten & Co for 1.9B SEK

Acquisition Highlights
  • This is Fredensborg Eiendomsselskap AS’s 1st transaction in the Real Estate sector.
  • This is Fredensborg Eiendomsselskap AS’s largest (disclosed) transaction.
  • This is Fredensborg Eiendomsselskap AS’s 1st transaction in Sweden.

M&A Deal Summary

Date 2005-09-27
Target Heimstaden i Malmö AB
Sector Real Estate
Buyer(s) Fredensborg Eiendomsselskap AS
Sellers(s) Reiten & Co
Deal Type Add-on Acquisition
Deal Value 1.9B SEK

Target

Heimstaden i Malmö AB

Malmo, Sweden
Heimstaden i Malmö AB is a real estate company, owns and manages residential real estate properties. Its core portfolio consists of 77 properties with a total of 2,285 apartments and a total area of approximately 182,000 square meters.

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Buyer(S) 1

Buyer

Fredensborg Eiendomsselskap AS

Oslo, Norway

Category Company
Sector Real Estate
DESCRIPTION

Fredensborg Eiendomsselskap AS is a real estate company, owns and manages residential real estate properties.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Reiten & Co

Oslo, Norway

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 450M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Reiten & Co is a Norwegian private equity firm that targets control investments in middle-market Scandinavian companies. Reiten looks for businesses with strong management, solid cashflow, and operating in a growing industry. The Firm's target investment size is €10 to €40 million per transaction. Reiten was formed in 1992 and began investing in 1996. The Firm is based in Oslo.


DEAL STATS #
Overall 5 of 21
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 3 of 10
Country (Sweden) 2 of 2
Year (2005) 2 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-10 SafeRoad

Oslo, Norway

SafeRoad is a supplier of road safety and road infrastructure solutions. The Group offers a broad range of innovative and high-quality products and solutions to those who own, build, and maintain roads. SafeRoad was founded in 1947 and is based in Oslo, Norway.

Buy Nkr92M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-03 Plugging Specialists International ASA

Stavanger, Norway

Plugging Specialists International ASA is a provider of pipeline maintenance technology and services. PSI main product, PSI Smart Plugs, facilitates maintenance work and installation of pipelines by using intelligent plugs to stop and control pipeline flow.

Sell -