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Vinge advises Hexatronic in conjunction with the acquisition of Opternus GmbH

October 25, 2018 M&A

Vinge has advised Hexatronic Group AB (publ), listed on Nasdaq Stockholm mid‑cap, in connection with the acquisition of the entire share capital in the German fibre optic company Opternus GmbH.

Opternus is the market leader within sales and service of fibre welds and measurement equipment on the fast growing German market for fibre optic equipment. The purchase price amounts to MEUR 10 on a cash and debt free basis as well as an earnout of a maximum of MEUR 2.7. The purchase price is paid with MEUR 9 in cash and MEUR 1 as newly issued shares in Hexatronic. Closing, which is subject to customary conditions, is anticipated shortly.

Vinge’s team primarily consisted of responsible partner Anders Strid, Wibeke Sorling and corporate assistant Camilla Andersson. In addition, ALP Rechtsanwälte through Dr. Sven Oksaar acted as local counsel.
 

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