Deal announcement

Funds advised by Axcel Management A/S (“Axcel”) and KIRKBI Invest A/S (“KIRKBI”) have sold 3,400,422 and 599,772 shares respectively in Nordic Waterproofing Holding A/S (“Nordic Waterproofing”) through an accelerated bookbuilding to Swedish and international institutional investors at a price of SEK 90.00 per share (“the Placing”).
Following the Placing, Axcel and KIRKBI will no longer hold any shares in Nordic Waterproofing. 
ABG Sundal Collier and Carnegie have acted as joint bookrunners in connection with the Placing.
 

About Nordic Waterproofing

Nordic Waterproofing is one of Europe’s leading producers and suppliers of waterproofing products and services for building sand infrastructure which is known in the market through brands such as AL-Katot, Hetag Tagmaterialer, Kerabit, KerabitPro, Mataki, Nortett, Phønix Tag Materialer, SealEco and Trebolit. Its production facilities are located in Denmark, Finland and Sweden. In 2015, the Group had revenues of SEK 1.7 billion, with more than 650 employees and operations in eight countries.

Published: 31 Mar, 2017