Divestment of Delete Recycling Oy (FI) by Delete Group Oy (FI) to Remeo (FI) — Amount not disclosed

Carnegie acted as financial adviser to Delete Group, majority owned by Axcel, in the divestment of Delete Recycling to Remeo, a majority owned portfolio company of Hartwall Capital. Delete Group is one of the leading providers of environmental services in the Nordic countries. Following the Transaction, the Group will provide customers with business-critical services that require special expertise and equipment in cleaning services. Remeo is one of the leading waste management companies in Finland. Through its nationwide network, the company offers recycling services to municipal, industrial, commercial and private customers.
June 2022.