Eversheds Sutherland Sweden has advised the sellers of DeltaNordic AB

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Eversheds Sutherland Sweden has advised the sellers of DeltaNordic AB

November 21, 2025

Sweden
Sweden
Sweden
Eversheds Sutherland Sweden has advised the sellers of DeltaNordic AB in connection with Kitron ASA, through its subsidiary Kitron Holding AB, entering into an agreement to acquire DeltaNordic AB.
Kitron will acquire 100% of DeltaNordic AB shares from Mind Industrial Group AB (majority owner) and JSLS Holding AB (minority owner).
 
DeltaNordic is a leading Swedish provider of advanced electronics and electrical systems for defence and other high-demand sectors such as mining, construction, and infrastructure. The company operates two production facilities in Sweden and one in Nanjing, China. Revenues are projected at approximately SEK 815 million (EUR 74 million) in 2026.
 
The purchase is based on an enterprise value of approx. SEK 1,255 million. Completion is pending regulatory approvals and expected by late December 2025 or early January 2026.
 
Eversheds Sutherland’s team consisted of Ulrika Sparrman, Anna Wendel Thoms, Therése Berg, Richard Jacobsson, Matilda Frykman Krans, Ludwig Eriksson, Gabriel Albemark, Sara Malmgren, Simon Rydberg, Elvira Näs and Nora Knaphe.
The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

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Ulrika Sparrman

Partner

Stockholm, Sweden

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Anna Wendel Thoms

Principal Associate

Stockholm, Sweden

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