Divestment of Dellner Couplers AB (SE) to EQT (SE) by Dellner Invest AB (SE) — Amount not disclosed

Carnegie acted as a sole financial adviser to Dellner Invest in the divestment of Dellner Couplers to EQT. Founded 1941 in Sweden, Dellner has grown from being a small couplers producer to a global niche market leader in safety-critical components for passenger rail rolling stock. Today, Dellner offers full train connection systems including couplers, gangways, hatches, dampers, and crash management systems, complemented by after-sales services and support. June 2019.