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Mannheimer Swarling Advises on Divestment of AF Group’s Russian Subsidiary

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Mannheimer Swartling has advised AF on its divestment of its Russian subsidiary Lonas Technologia to AlmazInvest, a Russian private equity firm.

The transaction was conducted as a controlled auction.  

The AF Group is a European technical consulting company offering qualified services and solutions for industrial processes, infrastructure projects, and the development of products and IT systems for clients. The AF Group has approximately 6,000 employees and had a 2013 turnover of approximately SEK 8.3 billion. AF is listed on NASDAQ OMX Stockholm.

Evli Bank in Moscow acted as financial advisor to AF in the transaction. The Mannheimer Swartling team was led by Parter Fredrik Svensson and included Senior Associate Evgeniy Tarasov and Associates Alexey Rotar and Svetlana Eliseeva.

 

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