CVC and Waldakt, through Ronneby UK Limited, have made a public cash offer to acquire Resurs Holding AB at SEK 23.50 per share, valuing the company at approximately SEK 4.7 billion, amid a backdrop of financial restructuring and market challenges.

Target Company Overview

Resurs Holding AB (publ), a Swedish financial services company, specializes in providing consumer finance solutions. Currently, Resurs is being targeted for acquisition by Ronneby UK Limited, a consortium comprising CVC and Waldakt, who have made a public cash offer to purchase the shares at SEK 23.50 each. This offer values the company at approximately SEK 4.7 billion, reflecting the consortium's confidence in Resurs's future potential despite recent financial challenges.

The company has faced declining operating profits, with an anticipated operating profit of SEK 110 million for Q2 2024, down from SEK 244 million in Q2 2023. The decrease is attributed to increased credit losses, although there are indications that these losses have begun to stabilize.

Industry Overview in Sweden

The consumer finance industry in Sweden has been experiencing shifts due to changing regulations and market dynamics. Factors such as interest rate fluctuations and evolvi