Gernandt & Danielsson has advised Nordstjernan Investment AB ("Nordstjernan") and Etac AB ("Etac") in connection with Etac's entry into a USD 326 million credit facilities agreement consisting of a multicurrency revolving credit facility and a term loan facility under a club deal with SEB, Danske Bank and Svensk Exportkredit as lenders.

Etac is a wholly owned subsidiary of Nordstjernan and is a leading global developer and supplier of equipment for people with disabilities and patient mobility products. Its mission is to provide solutions that improve the quality of life for users, their families and caregivers.

Nordstjernan is an investment company with 130 years of industrial tradition and has owned and successfully developed a large number of competitive companies. Today, Nordstjernan is an active owner that is involved in the long-term development of companies in sectors with growth potential and where they can add value.

Gernandt & Danielsson advised Nordstjernan and Etac with a team consisting of partners Mikael Borg and Sofie Viktorsson, and associates Alexander Thörnberg and Erik Karlsson.