Deals
Investor AB to Buy Permobil From Nordic Capital for $783 Million
This article is for subscribers only.
Investor AB, the Wallenberg family’s publicly traded holding company, agreed to buy Swedish powered-wheelchair manufacturer Permobil for an enterprise value of 5.1 billion kronor ($783 million) from a Nordic Capital fund.
Investor expects to inject about 3.5 billion in equity financing into the Timraa-based company, it said in a statement. The remainder will be financed by external debt and equity participation by the board, management and other individuals, Stockholm-based Investor said.