Agreement
Due diligence and negotiations during acquisition of share majority
Holst, assisted Swedish group Axel Johnson International AB when the group in 2020 took over the share majority in the family-owned industrial company, Caldan Conveyor A/S.
Axel Johnson International AB is a Swedish group engaged in the purchase and development of technological industrial operations.
In 2020, the group wanted to take over the share majority in the family-owned industrial com-pany Caldan Conveyor A/S in Galten, Denmark, specialising in conveyors for the surface finishing industry, and Holst, provided advice to Axel Johnson International AB in connection with the acquisition.
Hence, a team from Holst, headed by Jakob Schmidt, assisted with a legal due diligence of Caldan Conveyor A/S, with negotiations pertaining to the share transfer agreement and various other transaction documents, and with the approval and performance of the transaction.
