Deal Diary

Welcome to Acquisition International’s Deal Diary, the place where we showcase exciting deals from across the globe. With each diary entry, we’ll be taking a comprehensive look at the inner workings of the deal in question and will be venturing behind the scenes to take a look at the dedicated professionals involved in ensuring its success.

Here you will discover the most active deal makers and a comprehensive catalogue of the transactions they have been involved with.

Tier 1: The Website - Go live worldwide within 24 hours!

Within 24 hours of booking, we'll upload your deal and company profile - including contact details and links to your homepage - right here on our site, putting you and your firm in front of
40,000 visitors every month!

You will, of course, get a full company bio, including your contact details and fully clickable links direct to your website, and to make sure the people who matter will be able to find every deal you and your firm have been involved in at the click of a button, all of the deals posted on the Deal Diary site are incredibly easy to search by firm name, individual name, sector or region. We even have an automatically updated deal leaderboard (right). 

Tier 2: The Newsletter - Direct to 108,000 subscribers!

Your involvement in the deal will be featured on our weekly Deal Round-Up newsletter,  published via email every Thursday to a global audience of  108,000. Your deal write-up will also include hyperlinked images and logos, taking readers straight to your homepage. That’s a potential 108,000 clicks every month!

Tier 3: The Publication - Sent to 108,000 people in 170 countries!

The deal and your involvement will appear in the Deal Diary section of our monthly magazine, distributed to 108,000 people in 170 countries around the world. This is where you can tell us all about the deal and how you made it happen, providing the perfect opportunity to shout about your firm’s experience, expertise and the great work you’ve been doing.

GO

Bär & Karrer Advises De Beers Purchase of Equity Stake in Synova
July 8, 2015
White & Case Advises Saudi Automotive Services Company on Acquisition
July 8, 2015
Wolffkran acquires HTC Plant
July 2, 2015
New Look acquired by Brait
July 2, 2015
Playtech forays into FX trading market with $224 million buy
July 2, 2015
Citation Acquires QMS International
July 2, 2015
Ardian-backed Novacap purchases CU Chemie Uetikon
July 2, 2015
ACI Media Group Buys Minority Stake in MyDistrict.net
July 2, 2015
Lazard Advises Planview's Acquisition of Troux
June 24, 2015
Yegin Cifiti Advise CarrefourSA's Acquisition of Stake in Kiler Alisveris Hizmetleri
June 24, 2015
TM Capital Corp Advises Jordan Company Through Purchase of DiversiTech
June 24, 2015
Selescope Advises Capital Export's Backing of Celec BIMBO
June 24, 2015
Estin & Co Advise Capital Export During Backing of Celec BIMBO
June 24, 2015
JP Morgan Advise IK Investment's Acquisition of Cérélia Group
June 24, 2015
Veritas Legal Advises Evonik Industries Acquisition of Monarch Catalyst
June 17, 2015
Travers Smith Advise Clayton, Dubilier & Rice's Acquisition of Motor Fuel Group
June 17, 2015
Mannheimer Swartling Advise Accent Equity Acquires Majority Stake in Akademibokhandeln
June 17, 2015
O’Melveny Represents Dealertrack in US$4 Billion Definitive Merger Agreement with Cox Automotive
June 17, 2015

Mannheimer Swartling Advise Accent Equity Acquires Majority Stake in Akademibokhandeln

View Biography
Image

Advised Accent Equity

KF to divest majority share in Akademibokhandeln to Accent The Swedish Cooperative Union (KF) is to sell its 65 % share of Akademibokhandeln to the private equity fund Accent Equity 2012. The divestment is in line with KF’s strategy to refocus activities on its core business, grocery retail trade.

Akademibokhandeln is Sweden’s leading bookstore chain with 120 stores, a subsidiary focusing on ecommerce under the Bokus brand and a digital book offering. In 2014, Akademibokhandeln’s and Bokus’ combined sales amounted to SEK 1.7 billion (EUR 184m) and the group delivered a significant profit improvement compared to 2013. Both sales channels gained market share in the Swedish book market. “The profit improvement was the result of a very successful turnaround of the business. Given the overall KF strategy, time has come for us to hand over Akademibokhandeln to new owners”, comments KF’s CEO Tommy Ohlström. “We are convinced that Accent has the right skills and resources to take the business further.”

The capital released will be reinvested in KF’s Coop business. After a merger between Akademi-bokhandeln and Bokia in 2013, the combined entity had some 70 owners. The two largest owners, besides KF, the Natur & Kultur Foundation and Killbergs Booksellers will stay on as minority shareholders of the company.

The remaining owners have been offered to sell their shares. As per today, owners of more than 90 per cent of the shares have accepted the offer. “Our ambition is to support the company management in developing the company into a modern, world-class bookseller”, says Niklas Sloutski, CEO of Accent Equity Partners, advisor to the Accent fund. “We are committed to securing book-reading in today’s highly competitive media landscape and to offering a unique customer experience for both young and older readers. We are delighted that Natur & Kultur and Killbergs will continue to take part in the company’s development”. The new ownership structure will not trigger any changes for staff or franchisees.

Akademibok-handeln’s management team will be offered to invest into the company. “KF has been a good and responsible owner,” says Maria Hamrefors, Akademibokhandeln’s CEO. “Accent supports our business plan for the physical as well as the digital book. We look forward to continuing our exciting journey with this experienced and well-reputed owner of Nordic companies in retail and other sectors.” The transaction is conditional on approval from the Swedish competition authorities

MarshBerry Provide Due Dilligence to NFP's Acquisition of Hackett Valine & MacDonald
June 17, 2015
Egnyte Provide VDR for NFP's Acquisition of Meridian Retirement Plan Advisors
June 15, 2015
MORE...
Share this page:
Copyright Acquisition Intl. 2016