case / 13 Jan 2023

Setterwalls has assisted Pamica Group AB in connection with a new syndicated loan facility

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Pamica Group AB has entered into a new SEK 1.5 billion credit facility agreement with Nordea and Danske Bank. The facility agreement contains both a revolving credit facility and a term facility. The loan facilities have been used to fund recent acquisitions of new group companies and will be used for future acquisitions of new group companies.

Pamica Group AB acquires small and medium-sized companies, develops them together with successful entrepreneurs and makes them sustainably successful. The group intends to remain as owners for an indefinite period of time and has high growth ambitions to be made through organic growth, add-on acquisitions and an increased number of platform companies. Pamica Group AB is owned by more than 200 Swedish entrepreneurs who themselves have built companies and with broad network, their industrial knowledge and their business mindset contribute to the development of Pamica. Together with management and employees Pamica creates what it calls Fine Companies. The group having its head quarter in Halmstad consists of twelve businesses.

Setterwalls has acted as legal advisor to Pamica Group AB throughout the entire financing process.

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