Lindahl has been legal advisor to OXE Marine AB (publ) in connection with its acquisition of Diesel Outboards’ and Outdoor Network Manufacturing’s US distribution and manufacturing business. The purchase price of USD 10.8 million was financed through a share issue in kind to the selling entity Powersports Plus LLC.
The transaction was subject to approval from the European Investment Bank (EIB) and the holders of OXE’s listed corporate bonds. Lindahl has advised OXE in renegotiating its finance contract with the EIB and in obtaining the bondholders’ approval to amend and waive certain bond terms by way of a so called “written procedure".
For further information about the transaction, please refer to the press release.
Lindahl’s team has consisted of Mikael Mellberg, Alexandra Niemelä Ingvarsson, Lisa Lantz, Filip Malm and Victor Carlsson.
