Catella acquires the remaining 9% of subsidiary from senior executives

During 2010 the acquisition of 91% ownership in former Catella Group was made. The total purchase consideration, including redemption of debts, amounts to SEK 417 M. As part of the acquisition, Catella's Board of Directors has decided to acquire the remaining 9% amounting to SEK 24 M.

The sellers, through company, are Johan Ericsson, CEO of Catella AB; Ando Wikstrom, CFO of Catella AB and Lennart Schuss, Executive Chairman of Catella's Nordic corporate finance companies.

The acquisition is financed through a promissory note which bears interest until Banque Invik has been divested and the payment received, but not later than 31st of July 2012. The acquisition is subject to approval by the Swedish Financial Supervisory Authority.

For more information, please contact:
Johan Nordenfalk
Chief Legal Officer, Catella
+46 8 463 33 10

About Catella: Catella is a European finance group active in Corporate Finance and Asset Management. In these operating segments, Catella focuses on selected segments in which advanced specialist expertise and local presence, combined with international reach, are key in creating added value for clients. Catella has approximately 450 employees working at offices in 24 cities in 12 European countries. Catella share is listed on First North Premier and traded under the abbreviations CAT A and CAT B. Remium AB is Catella’s Certified Adviser, +46 8 454 32 00. Read more about Catella at www.catella.se.