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28 May 2012

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Sweden's Scribona acquires Catella for E43m

Listed Swedish firm Scribona is to acquire the finance and real estate group Catella for SEK417m (E43m), including goodwill of some SEK240m. Renaming to Catella, the merged group will employ 420 staff in 14 countries, listing also on the Nasdaq OMX Stockholm. Former Catella Financial Advisory CEO Johan Ericsson has been named head of the new group, and Scribona CEO Lorenzo Garcia will step down. (See upcoming PIE Editions for full story)

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