13 April, 2018

Foyen has assisted NetNordic in its acquisition of 100% of the shares in Efftel AB, including its subsidiary Efftel Solutions AB. Efftel delivers cloud based telephony and communication services to Swedish businesses. Efftel has 12 employees and revenues of ca. SEK 20 million.

NetNordic is a Nordic system integrator specialized in delivering network, communication, security and cloud services. Its 2017 proforma revenue was about NOK 1,000 million. Following the acquisition of Efftel, NetNordic will have some 300 employees in 12 offices in the Nordic countries.

Foyen assisted NetNordic through partner Jonas Conradsson and associate Elinor Pejryd.

For more information, please contact:

Jonas Conradsson, Partner at Foyen

+46 70 148 30 40, [email protected]

About Foyen

Foyen is a law firm which, ever since it was founded in 1987, has carved out three basic principles that define how we work: industry focus, an understanding of business, and outstanding expertise in the relevant areas of the law. And this has served us and our clients well. The firm now has some 80 employees in Stockholm, Gothenburg, Malmö and Falun.

Our primary practice areas are in the construction and property sector, technology-intensive industry, mining and forestry, public transactions, the energy sector, the environmental sector, IT law and cross-industry business law.