ABG Sundal Collier acted as financial advisor to Allgon in connection with the acquisition of Tele Radio

 
The acquisition will be carried out at a purchase price of SEK 350 million on a debt and cash free basis with
a possible additional purchase price of up to a maximum of SEK 50 million. The acquisition will be financed
by a senior secured bond issue of SEK 276m, a directed share issue of SEK 67m and a fully guaranteed
rights issue of SEK 127m. ABG Sundal Collier acted as financial advisor to Allgon in connection with the
acquisition, bond issue and rights issue.
Tele Radio develops and manufactures radio remote control products for industrial use and is one of the
leading players in Europe. Tele Radio’s products include advanced radio systems specially adapted for
heavy industry where the demands for security and reliability are high. Tele Radio also offers simpler
systems. Through its global network of subsidiaries and authorized dealers, Tele Radio offers a
comprehensive range of services in addition to its broad product portfolio.
Through the two companies, Tele Radio and Allgon with the subsidiary Åkerströms, Allgon’s radio remote
control business will become a strong global company in industrial radio remote control.
About Allgon
Allgon is a corporate group with a strong entrepreneurial culture. Allgon’s focus is on creating value to the
shareholders by developing and acquiring top businesses with a global customer base within digitalization
and IoT. The specialist companies deliver a wide range of services for advanced industrial IoT equipment,
digital communications systems, cloud-based infrastructure and wireless solutions for demanding
environments. The global customer base is within automotive, mobile and telecom, transport, construction
and broadcasting sectors.