Cirio acted as legal advisor to BST Norden Holding AB and the minority sellers on their divestment of BST Brandskyddsteamet AB and its subsidiaries (“BST”) to IK Small Cap II.
BST provides complete solutions for planning, installation, service and maintenance of all types of fire protection systems for governmental entities, organizations and companies. The reported revenues for financial year 2018 amount to nearly SEK 300 million and BST employs over 130 employees.
Closing is expected to take place in May 2019.
Cirio Law Firm was founded in Stockholm in 2019 and has around 130 employees. The law firm has a long heritage in Stockholm ranging back to 1918 and is one of the leading law firms within several areas of business law. Cirio offers legal advice in most areas of business law such as M&A and other transactions, operational and strategic business decisions, special situations such as dispute resolution and bankruptcies and collaborative innovation. The firm has special competence within business areas such as renewable energy, life science and digitalisation.
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