Rämsell advises Bayn Group in connection with acquisition of Green Sales Distributions

Bayn Group AB (publ) (“Bayn”) announced on 19 November 2020 that it had entered into agreement to acquire all shares in Green Sales Distributions AB (“GSD”), a Swedish foodtech company that is a leading eco-supplier of various types of functional sweets and FMCG products. The purchase price for the shares in GSD amounts to SEK 50 million, which will be paid with cash and shares in Bayn.

For further information, please see Bayn’s press release.