MAQS advises XANO in connection with the sale of a real estate company

XANO Industri AB (publ) has, through its subsidiary, signed an agreement for the sale of all shares in XANO Fastigheter Ljungarum AB, which owns the industrial property Älgskytten 14 in the Ljungarum industrial area in Jönköping. The buyer is the listed company Nivika Fastigheter, a real estate company focused on long-term ownership, management, and development of properties, while simultaneously creating profitable and sustainable value growth.

The sale provides XANO with increased capital and is part of the ongoing work with an aggressive transition through investments in product development and innovations, as well as through acquisitions and expansion both in new countries and within new market niches.

XANO develops, acquires, and operates niche technology companies that offer manufacturing and development services for industrial products and automation equipment. The business is divided into three business units, and the group is represented in the Nordic region, Estonia, the Netherlands, Poland, China, the USA, and Australia. The group’s net sales amount to SEK 3.4 billion, and the number of employees is approximately 1,400.

XANO’s B share has been listed on the Stockholm Stock Exchange since 1988.

MAQS represents XANO in connection with the transaction, through Lovisa Elardt and Magnus Bengtsson.