FONDIA ACQUIRES A SWEDISH FORERUNNER IN THE LEGAL SECTOR
The largest non-bar law firm in the Nordic region, Fondia Plc, will acquire the entire share capital of the Swedish law firm Jansson & Norin AB (J&N) in order to boost its growth and strengthen its position on the Swedish market. With operations started in 2012, J&N is a successful growth company and like Fondia, is renowned for its innovative business models and business culture. According to preliminary data, J&N's turnover for the year 2017 was EUR 1.4 million and operating profit EUR -0.1 million. The negative result is caused by a one-off adjustment in the accounting for personnel