Hannes Snellman Counsel to CapMan Buyout in Its Acquisition of Hydroware
18 May 2022
Hannes Snellman acted as counsel to CapMan Buyout in its acquisition of Nordic lift modernisation market leader Hydroware AB from the company’s founder and other shareholders. CapMan will partner with the Hydroware team to support the company’s accelerated growth and international expansion with a focus on first-rate sustainable products and solutions. Hydroware is the market leader in modernisation of hydraulic lifts in the Nordic countries with a strong position and growing sales in the DACH and UK markets. The company’s customers include installation and service companies and large multinational lift companies. Hydroware has a successful history of strong growth and is currently expanding in the large and growing traction lift market. The investment in Hydroware is the fourth investment from the CapMan Buyout XI fund.
Our core team comprised Johanna Wärnberg, Alexander Lindqvist, and Tanja Schnitt (M&A), Carolina Wahlby and Albert Danielsson (Finance), Lisa Pålsson (Employment), and Olof Östman (IP & Technology).