Kvadrat Soft Cells A/S has purchased the shares in the UK based company Fabric Systems Ltd. as of 3 January 2017. At the same time, the owners of Fabric Systems Ltd. have acquired a minority shareholding in Kvadrat Soft Cells A/S.
Kvadrat Soft Cells A/S is a leading European manufacturer and supplier of acoustic solutions with textiles for the building industry. Its customers include The Royal Danish Library, Oxford University, PricewaterhouseCoopers, Rolls-Royce and Microsoft. The UK based company, Fabric Systems Ltd., has been acquired as part of the company’s international expansion strategy.
Kvadrat A/S is a leading supplier of textiles on the world market.
SIRIUS advokater advised, in cooperation with Addleshaw Goddard, Kvadrat Soft Cells A/S with the acquisition of Fabric Systems Ltd. and Kvadrat A/S in connection with its sale of the minority shareholding of Kvadrat Soft Cells A/S. This advice included negotiations, structuring of the transactions,drafting of agreements and otlher legal documents and other steps of the process until completion of the acquisition of Fabric Systems Ltd. og the sale of the minority shareholding of Kvadrat Soft Cells A/S.
For further information, please consult the press release on Kvadrat Soft Cells A/S’ website, as attorney Søren Stenderup Jensen may be contacted for further information about the transactions.