Gernandt & Danielsson advises Nordstjernan and Etac in connection with its acquisition of KLAXON Mobility GmbH

Gernandt & Danielsson has advised Etac AB (“Etac”) in connection with its acquisition of all shares in KLAXON Mobility GmbH (“Klaxon”). Klaxon was founded in 2015 and is a company that specialises in developing and producing power assist solutions for people in wheelchairs.

Etac, a portfolio company of Nordstjernan AB, develops and provides market-leading, assistive devices for people with disabilities and patient mobility products. Etac’s turnover is EUR 350 million and it has more than 1,300 employees with sales in more than 70 countries.

Gernandt & Danielsson advises Etac with a team consisting of partner Mikael Borg (M&A), senior associates Pierre Olsson (M&A), Mikael Nagy (M&A), and Astrid Svensson (IP), and associate Vanessa Sidlo (M&A) mainly assisted by partners Andreas Holmqvist (employment) and Foad Hoseinian (competition), senior associate Emilio Timpanaro (dispute), and associates Sofia Hagelqvist (competition) and Edvin Andersson (employment).