Livingstone has advised CeDe Group on a part equity sale to Fouriertransform, who acquired a minority equity stake of 49%, whereas the previous owners maintain a 51% stake. CeDe Group develops and manufactures custom-made heavy machinery to world leading clients, primarily in the mining and construction industry. The company was acquired in 2003 by the current owners G\u00f6ran Bredinger and H\u00e5kan Johannesson.<\/p>
Since the acquisition, the company has seen significant growth. The May 3rd transaction changed the ownership structure, where Fouriertransform became part-owners with a 49% stake and the previous owners maintain with 51%. Livingstone Corporate Finance acted as an advisor to CeDe Group throughout the process.<\/p>
Thomas Karlsson, Partner Livingstone<\/strong>, commented: \u201cThe interest from financial investors has been great; CeDe Group is a quality company with a fantastic track record and with an equally exciting growth journey ahead.The deal is an indication of strength in the industry, and we predict a continued strong demand for the Swedish exporting industry where China and India will be two important economic driving forces. Fouriertransform is contributing with industry expertise and a wide network, which makes the company the perfect partner. We see a number of similar situations in Sweden, where privately owned export industries would benefit from entering into a wider context to ensure the expansion and improve the ability to act globally.\u201d<\/em><\/p> The new partner of CeDe Group, Fouriertransform, is a state-owned venture capital company with a mission to strengthen the Swedish automotive international competitiveness on a commercial basis. Having Fouriertransform as CeDe Groups new partner and minority shareholder means further progress towards the commercialization of the company and continued growth in a structured and successful manner, in part because of the addition of competent board members.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":3084,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-8537","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1216],"date":"20120528","client_type":40,"type":[1111],"region":[374],"services":[434],"sectors":[637],"related_transactions":"","related_testimonials":"","contacts":""},"yoast_head":"\n