Divestment of Bygghemma Group Nordic AB (SE) to FSN Captial IV & V (SE) by Nordstjernan (SE) — Amount not disclosed

Carnegie acted as sole financial adviser to Nordstjernan in the divestment of Bygghemma Group to FSN Capital. Bygghemma Group offers a broad assortment of home improvement products at competitive prices with convenient home delivery, mainly using a direct fulfilment model where orders are delivered direct from the supplier to the customer. October 2016.