Philip Rämsell

TM & Partners has advised the sellers in connection with the divestment of all shares in Yoik Group AB to Imperial Brands

TM & Partners has advised the shareholders of Yoik Group AB (“Yoik”), owner of the nicotine pouch brand Helwit, in connection with the divestment of all shares in Yoik to Imperial Brands.

The initial consideration in the transaction amounts to SEK 515 million (£39.8 million) with an additional deferred sum based on performance over two years.

Yoik launched the Helwit brand in Sweden in 2021, with an aim of delivering better, long-lasting flavours to nicotine pouch consumers with a commitment to product quality, innovation and sustainability. Helwit is a leading independent modern oral challenger brand with a share of 3.4% in Sweden.

Imperial Brands PLC, a FTSE 100 company headquartered in the UK, is a global consumer goods organisation and the fourth largest international tobacco company. Its core tobacco business is built around a comprehensive portfolio of local and international cigarette brands and other tobacco products and smoking accessories available in 120 markets worldwide. 

The sellers of Yoik Group AB were advised on this transaction by a team led by Partner Philip Rämsell and Associate Axel Westerberg, mainly assisted by Partner Anna Jerndorf (employment) and Associate Rebecca Zorec Jämsä (employment).

 Imperial Brands PLC was advised on this transaction by Latham & Watkins LLP and KPMG LLP.

For further information, please contact:
Philip Rämsell
E-mail: philip.ramsell@tmpartners.se
Phone: +46 735 20 74 68

TM & Partners has advised Celeborn Dynamics in connection with the acquisition of Heltia AB

TM & Partners has advised Celeborn Dynamics in connection with the acquisition of all shares in Heltia AB, a company specializing in electronics manufacturing. Heltia offers both manufacturing and services in process and production optimization, with capabilities ranging from small-batch production to high-volume manufacturing.

Celeborn Dynamics provides technical and consultancy services focused on the defence industry.

Our team consisted of:
Philip Rämsell (Partner, M&A)
Lovisa Björk (Associate, M&A)
Isabella Jizi (Associate, M&A)
Rebecca Zorec Jämsä (Associate, Employment Law)

TM & Partners is one of Sweden’s leading business law firms, specialising in transaction advisory and other qualified business law services. 

For further information, please contact:
Philip Rämsell
Email: philip.ramsell@tmpartners.se
Phone: +46 735 20 74 68

TM & Partners has advised Humble Group in connection with acquisitions and divestments

TM & Partners has advised Humble Group in connection with the acquisitions of all shares in XPO Limited (“Jutexpo“) in the United Kingdom and in M. Willumsen AS (“Willumsen“) in Norway. TM & Partners has further advised Humble Group in connection with the divestments of all shares in Performance.R.us AB and Limitless Brands AB.

Jutexpo is a British company active in the distribution of reusable bags in the retail sector. The acquisition is a bolt-on acquisition to Humble Group’s subsidiary Solent Group Limited, with which there is a strong strategic overlap and clear synergy effects. TM & Partners acted as Swedish legal counsel and Shoosmiths acted as local legal counsel to Humble Group in connection with the transaction.

Willumsen is a Norwegian distributor of tea and cosmetics products. The company is planned to be integrated with Humble Group’s subsidiary Vitalkost AS, where there are material synergy effects from operational cost savings as well as increased channel exposure of the companies’ product portfolios. TM & Partners acted as Swedish legal counsel and Selmer acted as local legal counsel to Humble Group in connection with the transaction.

Our team consisted of:
Philip Rämsell (Partner, M&A)
Elin Torpman (Associate, M&A)

TM & Partners is one of Sweden’s leading business law firms, specialising in transaction advisory and other qualified business law services.

For further information, please contact:
Philip Rämsell
E-mail: philip.ramsell@tmpartners.se
Phone: +46 735 20 74 68

TM & Partners has advised Refine Group in connection with the acquisition of Andy okay and a capital raise

TM & Partners has advised Refine Group AB (publ) in connection with the acquisition of 51 percent of the shares in Andy okay AB and a directed share issue, which partially financed the acquisition.

Refine is a corporate group that owns, develops, and scales brands within digital commerce. The company’s shares are listed on Nasdaq First North Growth Market.

The TM & Partners team consisted of:
Philip Rämsell (Partner, M&A)
Axel Westerberg (Associate, M&A)
Jonas Hämälä (Partner, Capital Markets)
Philip Bihl (Senior Associate, Capital Markets)
Johanna Sternudd (Associate, Capital Markets)

TM & Partners is one of Sweden’s leading business law firms, specializing in transactional advisory and other advanced commercial legal services.

For more information, please contact:
Philip Rämsell
Email: philip.ramsell@tmpartners.se
Phone: +46 735 20 74 68