Roschier advised Ingka Investments in the investment in Urb-it
Ingka Investments has made a minority investment in Urb-it, a Swedish sustainable logistics platform, listed on Nasdaq First North, that provides last mile deliveries across Europe. Roschier represented Ingka Investments in the transaction.
The board of directors of Urb-it AB has resolved on a directed issue to Ingka Investments of 21.6 million shares, for approximately SEK 95 million before transaction related costs, subject to approval from an extraordinary general meeting.
Ingka Investments is the investment arm of Ingka Group, the main IKEA retailer.