Mandate

Vinge has advised CTEK AB (publ) in connection with its listing on Nasdaq Stockholm

September 29, 2021

Vinge has advised CTEK AB (publ) (“CTEK” or the “Company”) in connection with its listing on Nasdaq Stockholm. The prospectus was published on 13 September 2021 and the first day of trading on Nasdaq Stockholm was 24 September 2021.

The price in the offering was SEK 69 per share, corresponding to a market capitalization of all of CTEK’s shares upon completion of the offering of approximately SEK 3.4 billion. The offering comprised of 30,621,798 shares, of which 4,347,827 shares were newly issued shares and 26,273,971 shares were existing shares offered by Altor Fund III GP Limited and Faustina Ltd.

CTEK is the leading global supplier of premium low voltage chargers and the second largest EVSE product supplier in Sweden. CTEK was founded in Vikmanshyttan in 1997 and today has sales in more than 70 countries. Based on its technology leadership, the Company has established strong and longstanding customer relationships with more than 50 of the world’s most prestigious vehicle OEMs. In addition to OEMs, the Company also offers products to workshops, distributors, retailers, parking lots, charge point operators, property owners and consumers.

Vinge’s team primarily consisted of David Andersson, Joel Wahlberg, Amanda M Johansson, Olivia Belding and Lorin Arabi (Capital Markets and Public M&A), Elsie Nassar and Amanda Steen (M&A), Louise Brorsson Salomon, Seyran Sahin and Felix Möller (Banking and Finance), Martin Boström and Jolene Reimerson (Corporate Commercial), Tove Lövgren Frisk (Compliance) as well as Ebba Svenburg (Employment and Benefits).

 

 

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