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Hannes Snellman Counsel to Max Hansson in the sale of PayEx to Swedbank

17 August 2017

Hannes Snellman acted as counsel to Max Hansson in the sale of PayEx to Swedbank.

PayEx is a private owned Group comprising of a number of companies in Sweden, Norway, Denmark and Finland. PayEx offers payment solutions for internet, mobile and physical commerce and administrative services within billing, account management and debt collection. The company is a credit market company, approved by the Swedish FSA and offers also financial services such as factoring, instalment and loans. PayEx has more than 10 000 customers and approximately 500 employees in Sweden, Norway, Denmark and Finland and had a total operating income 2016 of SEK 541m.

Claes Kjellberg acted as our partner in charge of the project.