Arbona Industri AB agreed to acquire Bufab Lann Ab and Hallborn Metall AB from Bufab AB (publ) (OM:BUFAB) for SEK 230 million on June 24, 2024. The consideration is on cash free debt free basis. The expected completion of the transaction is July 1, 2024 to September 30, 2024.

Clearwater International Sweden acted as financial advisor for Bufab AB. Mannheimer Swartling Advokatbyrå Aktiebolag acted as legal advisor for Bufab AB.