case / 12 Jan 2021

Setterwalls has assisted Priveq Investment and the other shareholders with the divestment of 21 Grams

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Priveq Investment and the other shareholders have divested 21 Grams to the Belgian listed company Unifiedpost Group. The deal marks the end of a strong collaboration, during which three add-on acquisitions were made in order to expand the business to new geographies and business areas.

21 Grams was founded in 2004 and is today one of the leading providers of optimized postal services and postal package solutions within the Nordic. The service offering includes a complete portfolio of postal, digital and mobile distribution channels and innovative payment solutions through which 21 Grams helps its customers to optimize and digitalize their document distributions in a way that strengthens their business and customer relationships. The company has approximately 70 employees with headquarters in Stockholm. The group also includes e.g. Mailworld, Addoro and Europe Post. Several members of the management team has reinvested in the buyer and will continue to be party of the journey going forward.

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