Liberum acts as Financial Adviser to Mercell Holding AS on its recommended £15.7m public takeover of EU Supply Plc.
Liberum is pleased to announce it has advised Mercell, a Private Equity backed Norwegian e-tendering platform provider, on its acquisition of EU Supply, a Swedish provider of solutions for tender management, procurement, sourcing and other supply chain activities.
Backed by Viking Ventures, a leading technology focussed Norwegian Private Equity firm, the combination of Mercell and EU Supply creates one of the leading e-tendering
solution companies in Europe. The acquisition forms part of Mercell’s longer-term buy-and-build strategy to enhance its offering across Northern Europe and to establish itself and grow in other areas of the European market.
The recommended cash offer of 18.25p per share valued EU Supply at approximately £15.7m
Investment Banking - Karri Vuori, James Greenwood, Euan Brown, William Hall