Synch assists in Triboron International AB’s acquisition

Synch assists in Triboron International AB’s acquisition of shares in Elite Oil I Skandinavien AB, Tekat Limited, and Incendio AB.

Triboron International AB is a revolutionary green technology company that is transforming the world of tribology with its patented tribology technology and processes. As part of Triboron's unwavering commitment to investing in the development and validation of its groundbreaking technology, Triboron has acquired 100% of the shares in Elite Oil I Skandinavien AB and Tekat Limited, as well as 10% of the shares in Incendio AB. The total purchase price amounts to SEK 37 600 000, with a portion paid through consideration shares in Triboron.

Elite Oil I Skandinavien AB, Tekat Limited, and Incendio AB are renowned worldwide for their business activities related to lubricating oil and the development, manufacturing, and reselling of fuel additives using green technology. By joining forces with these companies, Triboron is further strengthening its position as a leader in the industry.

Synch assisted Triboron throughout the acquisition processes, drafting, negotiations and execution of the related transactional agreements.

Synch’s team consisted of Andreas Börjesson, Louise Berlin, and Stefan Rakovic.

Synch is a law firm, focusing on digital business and technology. Synch is offering a flexible delivery model where digital services complement the firm’s advisory services, projects & transactional services as well as its managed services.

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