Sale of SBS Automotive (DK) to Borg Automotive (DK) by SBS Group A/S (DK) – Amount not disclosed

Carnegie acted as exclusive financial adviser to SBS Group in the sale of SBS Automotive to Borg Automotive. Scandinavian Brake Systems A/S (“SBS Group”) has entered into an agreement to divest the division SBS Automotive to Danish Borg Automotive, Europe’s largest independent automotive remanufacturing company owned by the Danish conglomerate Schouw & Co. A/S.
May 2021.

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