Catella and Söderberg & Partners in strategic partnership

2018-12-12

Catella Bank S.A., a subsidiary to Catella AB (publ), has entered an agreement to divest 51% of the Wealth Management operations in Sweden to Söderberg & Partners for approximately SEK 36 million.

Catella’s ownership in the joint venture structure is expected to generate positive cash flow which is an important part of the value of the transaction. The parties will also enter a strategic partnership. Catella will continue to develop alternative investment products to this client segment for the entire wealth advisory industry.

Catella was advised by MAQS Advokatbyrå. MAQS’ team consisted of Johan Engström, Philip Heilbrunn and Rebecca Fallberg.

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