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Goltsblat BLP Advises Ferronordic Machines on Nasdaq Stockholm IPO

Goltsblat BLP Advises Ferronordic Machines on Nasdaq Stockholm IPO

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Goltsblat BLP has acted as Russian legal counsel for Ferronordic Machines AB on the offering and listing of its ordinary shares on Nasdaq Stockholm. 

Ferronordic is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne in Russia. According to Goltsblat BLP, "in certain parts of the country, Ferronordic has also been appointed aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta." The group is established in all Russia’s federal districts, with 74 outlets and over 800 employees. 

According to Goltsblat BLP, "the offer attracted strong interest from both Swedish and international institutions, as well as the general public in Sweden."

The Goltsblat BLP team was led by Partner Anton Panchenkov and coordinated by Senior Associate Kseniya Shevchenko. The working group also included teams from the firm's Tax Practice (Associate Director Anna Zvereva and Associate Anton Isakov), Commercial Practice (Head of Commercial Practice Alexey Gorlatov and Associates Olga Buyanova and Galina Avdeeva) and Dispute Resolution/IP Practice (Senior Associate Anton Nefedev and Junior Associate Ksenia Danshina).

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