Cobalt Advises Algeco Group on Acquisition of Wexus Group

Cobalt Advises Algeco Group on Acquisition of Wexus Group

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Cobalt has advised the Algeco Group on its acquisition of Wexus Group AS from Norvestor Equity AS. Norway's Schjodt law firm reportedly advised the sellers.

Cobalt describes Algeco, which is headquartered in London and has operations in 23 countries, as "a business services company specializing in modular space, creating smart spaces for people to live, work, and learn." According to Cobalt, Wexus, which was founded in Norway in 2014, "is a provider of high-quality modular building solutions in the Nordic region."

Cobalt's team included Partner Martin Simovart, Specialist Counsel Jesse Kivisaari, Associates Tiit-Gregor Mets and Johanna-Britt Haabu, and Assistant Lawyer Getter Villmann.