PostNord Completes Sale and Leaseback Deal
Deal News | Dec 09, 2024 | Gernandt & Danielsson Advokatbyr
Gernandt & Danielsson Advokatbyrå has successfully advised PostNord AB and PostNord Group AB on a strategic sale and leaseback transaction involving two crucial logistics facilities in Hallsberg and Nässjö. The deal consists of divesting all shares in the property-owning entities, Hallsberg Brevterminal AB and Nässjöterminalen KB, representing a property value of approximately SEK 470 million. The transaction allows PostNord Sverige AB to continue occupying these properties under lease agreements, strengthening their logistical operations while freeing up capital. The closing is anticipated by the year's end, contingent upon approval by the Swedish Inspectorate for Strategic Products regarding the investment made. This divestment aligns with PostNord's strategy to optimize asset utilization and capital management. The legal advisory team from Gernandt & Danielsson, led by partner Magnus Lidman, along with associates Johan Tivus Kronlund and Mikael Yemen, exemplified expertise in handling this complex transaction.
Sectors
- Logistics
- Real Estate
- Legal Advisory
Geography
- Sweden – The transaction occurs within Sweden, as both the logistics facilities and the legal advisors are Swedish entities.
Industry
- Logistics – PostNord's transaction involves logistic facilities, indicating relevance to the logistics industry.
- Real Estate – The sale and leaseback of property-owning companies place the transaction in the real estate sector.
- Legal Advisory – The involvement of Gernandt & Danielsson Advokatbyrå highlights the legal advisory industry's participation in the transaction.
Financials
- SEK 470,000,000 – Total agreed property value of the logistics facilities being sold.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PostNord AB | Seller | Company | A leading provider of logistics solutions in the Nordic region. |
| PostNord Group AB | Seller | Company | Part of the PostNord group involved in the transaction. |
| Hallsberg Brevterminal AB | Property Owner | Company | Operator of the logistics facility at Hallsberg. |
| Nässjöterminalen KB | Property Owner | Company | Operator of the logistics facility at Nässjö. |
| Gernandt & Danielsson Advokatbyrå | Legal Advisor | Company | A law firm advising on the sale and leaseback transaction. |
| Magnus Lidman | Partner | Person | Partner at Gernandt & Danielsson leading the legal advisory. |
| Johan Tivus Kronlund | Associate | Person | Associate at Gernandt & Danielsson working on the transaction. |
| Mikael Yemen | Associate | Person | Associate at Gernandt & Danielsson working on the transaction. |