Pareto Securities’ acquisition of Öhman Fondkommission completed

As previously announced Pareto Securities has acquired Öhman Fondkommission, the investment banking business of the Öhman Group. The Swedish Financial Supervisory Authority (Finansinspektionen) has now approved the acquisition and the parties have completed the transaction.

Öhman Fondkommission will from now on be recognized under the name Pareto Öhman, but will during a transitional period keep E. Öhman J:or Fondkommission AB as its registered trade name.

The Pareto Securities Group now has approx. 370 employees with head office in Oslo, and offices in Stockholm, New York, Singapore, Kristiansand, Stavanger, Bergen, Trondheim and Malmö.

– Being part of Pareto Securities significantly broadens our product offering and improves our ability to assist companies in raising equity and debt capital, says Mats Carlsson, the new CEO of Pareto Öhman.

 

Contact details:

 

Ole Henrik Bjørge, CEO, Pareto Securities AS, +47 97 15 77 01, ole@pareto.no,

 

Mats Carlsson, CEO, E. Öhman J:or Fondkommission AB, +46 8 402 52 86,

mats.carlsson@paretoohman.se

 

Pareto AS is the parent company of Pareto Securities AS. The Pareto group is a leading, independent Nordic financial services group, with shareholders’ equity of close to NOK 3.2 billion. Pareto Securities, the investment banking arm of the Pareto group, offers a wide range of financial services including equity and fixed income brokerage, equity and debt capital raisings, and advisory services in relation to mergers & acquisitions and restructurings. Pareto Securities reported operating revenues of NOK 1,230 million in 2010. Pareto Securities has approx. 370 employees, its head office in Oslo, and offices in Stockholm, New York, Singapore, Kristiansand, Stavanger, Bergen, Trondheim and Malmö.

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