Fylgia Advises Scandinavian Astor Group on Acquisition of Airsafe Sweden AB

Fylgia has represented Scandinavian Astor Group (publ) (“Astor Group” or “the Company”) in the acquisition of all shares in Airsafe Sweden AB (“Airsafe”).

On April 9, 2024, Scandinavian Astor Group entered into an agreement to acquire all shares in Airsafe Sweden AB with the support of Fylgia. Astor Group is a leading provider of a wide range of products, services, and technical solutions in the areas of civil security, military defense, and industrial products.

Through the acquisition of Airsafe Sweden AB, Astor Group strengthens its capacity in the design, production, and sale of military and civil aviation equipment. This includes an expansion into adjacent segments such as training and ammunition.

– We are proud to once again represent Astor and contribute to their continued success. The trust from Astor is another example of Fylgia solidifying its position as one of the leading legal advisors to the defense industry, says Fredrik Winroth, Managing Partner at Fylgia.

Fylgia’s team was led by Fredrik Winroth (Managing Partner), Markus Garfvé (Partner), and Alexander Hafvenström (Associate).

For more detailed information regarding the transaction, please refer to the press releases published at https://astorgroup.se/company/news-media/.