Information on divestment of shares in Logistea by Slättö’s funds

Slättö has today divested all its funds’ holdings in Logistea AB (publ) (“Logistea”) to M2 Asset Management AB (publ) at a price of SEK 16.00 per share. The shares in Logistea were owned through Slättö’s funds and correspond to 10.12% and 11.25% of Logistea’s outstanding shares and votes respectively.

Erik Dansbo, Senior Partner and Chief Investment Officer at Slättö, says: "We have successfully carried out our business plan and have supported Logistea in its transformation from a Swedish company with a market cap of SEK 1.5 billion to a Nordic company with a market cap of almost SEK 8 billion, with several institutional investors as shareholders. We leave behind a company that is both operationally and financially robust, with a competent management team and strong future prospects. Finally, we are pleased to divest to a long-term industrial owner who can lead and further develop the business".

Slättö was advised by Carnegie in this transaction.

About Slättö 

Slättö is a private equity real estate investor with a Nordic focus. We seek to deliver consistent market-leading returns for our investors through thematic strategies, local expertise, clear values and a committed team. The Slättö funds collectively manage assets of EUR 2.5bn. Since inception in 2013, the firm has executed +200 transactions with a total transaction value of EUR 4bn. With a forward-looking approach, we prioritise sustainability as key to the long-term success of our investments. www.slatto.se.  

For further information, please contact:  

Erik Dansbo, Senior Partner and Chief Investment Officer
Tel: +46 70 775 6069 
E-mail: erik.dansbo@slatto.se

Annachiara Torciano, Head of ESG and Communications 
Tel: +46 76 696 25 88 
E-mail: annachiara.torciano@slatto.se