Folksam joins Falck’s shareholder base

22 July 2005

Nordic Capital has sold shares representing 5 pct. of the capital in Falck to the Swedish insurance company Folksam and CEO of Folksam, Anders Sundström, joins the board of Falck.

Nordic Capital expects Folksam to contribute to the successful development of Falck. Specifically, Folksam will support Falck in the expansion of its assistance and emergency activities in the Nordic countries.

“We are very pleased to have Folksam joining Falck’s shareholder base and Anders Sundström as a board member” says Christian Dyvig, Partner in Nordic Capital

“Folksam is the ideal partner for capitalising on the development opportunities Nordic Capital announced in connection with last years recommended tender offer for Falck”.

Anders Sundström:

“Folksam views Falck as a very attractive investment opportunity. Falck has a unique business model with a very interesting product and service offering”.

After the transaction Falck’s shareholders are: Nordic Capital (75%), ATP Private Equity (11%), Folksam (5%), and a broad group of senior managers and board members of Falck (9%).

Read the press release