Synch has acted as legal advisor for Redstone Investment Group SA in their sale of Electric Fuel Infrastructure Sweden 2 AB (“eFuel”) to DistIT AB (publ) (“DistIT”).
eFuel is one of the largest companies in Sweden within the electric car charging sector with a market share of approximately 30% of all delivered charging boxes. For the past three years, eFuel has been a strategic and “preferred” partner for Easee, which is a world-leading manufacturer of electric car chargers. DistIT acquires, owns and develops niche distributors in IT, Mobility, Consumer Electronics, Networks and Data Communication in Europe. Companies within the DistIT Group deliver both B2B and B2C products to the IT market in Europe. The shares in DistIT are listed on First North Premier. The acquisition constitutes a significant strengthened position and grants additional exposure to one of today’s most defined structural trends and societal changes for the DistIT Group. DistIT expects the market for electric car charging infrastructure in the Nordic region to grow by 70–100% per year in the coming years.
“Synch provided Redstone with [relevant and valuable advice and represented us in an exemplary manner throughout the process. Their experience and professionalism combined with a pragmatic approach was an important part of getting the deal done. ” – Rasmus Bender at Redstone Investment Group.
Synch’s team consisted of Jonathan Clauss, Carl-Adam Drakenberg, Oscar Widén Einarsson, Oumie Winckler, and Amanda Luthman.
Synch offers legal services in four business areas – Advisory Services, Project & Transactional Services, Managed Services and Digital Services.