Kvale advised Avallon MBO Fund on the Norwegian aspects of the acquisition of the majority of shares in Norlys AS

Avallon MBO Fund has acquired 75% of the shares in Norlys A/S along with its subsidiaries in Poland, Sweden and France. Avallon MBO Fund is one of the most active private equity funds in Poland that participated in over 100 transactions involving managers (management buy-outs).

Norlys is a producer of high-quality outdoor lighting for the professional lighting business with Scandinavian origin with distribution companies in Norway, Sweden and France and the main production company (including production plant) in Poland.

Kvale with a team led by Carl Christian Marthinussen advised Avallon on the Norwegian aspects of the Transaction. The Polish and French aspects were advised on by WKB Wierciński, Kwieciński, Baehr and Jeantet respectively.