Type of deal: Sale of shares
Deal size (EV): Undisclosed
Sector: Industrial Products
Object of sale: PwC Corporate Finance acted as financial advisor to the owners of Herrmans Oy Ab on the sale of the company to Sponsor Capital. The Group consists of two divisions, Nordic Lights and Herrmans Bike Components. Nordic Lights is a global leader within heavy-duty OEM LED work and driving lights. Herrmans is the leading European OEM bike components manufacturer.
Seller: Owners of Herrmans Oy Ab
Buyer: Sponsor Capital
Date: Deal announcement December 2018
PwC's role: Vendor advised by PwC