Söderberföretagen AB has acaquired a 91% stake in SEAB AB from Svante Landström AB for US$17 million.
Söderbergsföretagen is a family-owned group of industrial and commercial companies. Founded in 1995, the company sells products and solutions to the industrial, service and infrastructure sectors. Söderbergsföretagen includes the companies Nordic Plastics Group, Elisolation, Blinkfyrar, ProVia Vägmärkning, Blink Services, Focus Electronic and Henjo Plåtteknik.
SEAB distributes car care products. The company offers car wax, lock oil and car wash detergent, among others. SEAB serves the market in Sweden.
Svante Landström AB is a private holding company based in Sweden.
Oaklins' team in Sweden advised the buyer in this transaction.
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