TRANSACTION

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March 2022

Storskogen acquires automation company LNS and expands its presence in the DACH region

Orvin, December 27, 2021. Storskogen Group AB has signed an agreement to acquire 100% of the shares in LNS Holding SA, a global market leader in automation peripherals based in Orvin, Switzerland. The purchase price amounts to CHF 185 million. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of Storskogen.

INVESTOR

Storskogen Group AB (publ)

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TARGET

LNS Holding SA

Headquarters
Orvin (Switzerland)
Founded
1973
Employees
>950
Additional Information
Transaction value: CHF 185 million + up to CHF 15 million earn-out | Revenue: CHF 180 million LTM as of September 2021 | EBITA: CHF 20.6 million (11.4% margin)
Seller
Familie Scemama
Transaction
Acquisition of 100% of the shares; purchase price: CHF 185 million (cash- and debt-free)

ABOUT THE COMPANY

LNS Holding SA

LNS was founded in 1973 and is the global market leader in automation peripherals such as bar feeders, chip conveyors, and high-pressure coolant systems. The group employs over 950 people at nine production sites and generated net sales of CHF 180 million and EBITA of CHF 20.6 million for the 12-month period ending in September 2021.

ABOUT THE INVESTOR

Storskogen Group AB (publ)

Storskogen acquires and operates well-managed, profitable medium-sized companies in the industrial, retail, and service sectors in Scandinavia, the DACH region, and the United Kingdom; as of September 2021, the group comprised approximately 94 business units with about 7,000 employees.

OUR ROLE

Commercial Due Diligence

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