Holmström Fastigheter Holding AB (publ) signs agreement to sell all shares in HAM Nordic AB.
Holmström Fastigheter Holding AB (publ) has signed an agreement to sell its stake in Magnolia Bostad AB's (publ) owner company, HAM Nordic AB, to Areim.
Holmström Fastigheter Holding AB (publ), ("HolmströmFastigheter" or "theCompany") and Holmströmgruppen have today signed an agreement on the same terms to sell all shares in Magnolia Bostad AB's (publ) owner company HAM Nordic AB to Areim. HAM Nordic AB has previously been owned to 50% by Areim, 35.5% by Holmström Fastigheter and 14.5% by Holmströmgruppen.
In connection with the signed agreement, Holmström Fastigheter receives an initial purchase price of approximately SEK 111 million. Admission and payment of the Company's remaining shares in HAM Nordic AB are conditional on financing and can bring in a total of up to approximately SEK 177 million to Holmström Fastigheter.
In the event of a lack of financing, Holmström Fastigheter may receive up to approximately SEK 89 million in a divestment of HAM Nordic AB.
"It was a difficult decision to make as Magnolia Bostad and its employees are close to our hearts. However, we have received a good offer from a financially strong and competent owner whom we trust and who has good conditions to further develop Magnolia Bostad to its full potential", says Fredrik Holmström, Chairman of the Board Holmström Fastigheter.
