SEB Private Equity Opportunity Fund III and LK Finans (part of the Lagerstedt & Kranz group) have agreed to acquire Norvatek, previously part of the S:t Eriks group, from amongst others Segulah III L.P. and PEAB Industri AB. Norvatek is a leading player within the market for prefabricated pump stations.

SEB Private Equity Opportunity Fund III and LK Finans are advised by Mannheimer Swartling in the transaction. The firm’s team comprises Jan Holmius, Caroline Karlsson and Carl Björk.