White & Case advises Nordstjernan on sale of shares in NCC

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Global law firm White & Case LLP has advised Nordstjernan on its sale of shares in NCC AB (publ).

Nordstjernan is a family-controlled investment company that develops companies through active ownership to create long-term growth. In total, Nordstjernan's holdings generate sales in excess of SEK120 billion and have approximately 50,000 employees. Nordstjernan's largest shareholders are the Axel and Margaret Ax:son Johnson Foundations.

NCC is one of the leading construction companies in the Nordics. Its operations include building and infrastructure project contracting, asphalt and stone materials production and commercial property development. In 2022, NCC had sales of approximately SEK54 billion and 12,500 employees. NCC’s shares are listed on Nasdaq Stockholm.

The White & Case team which advised on the transaction was led by partner Rikard Stenberg (Stockholm) and included partner Mikko Hulkko (Helsinki) and associates Alexander Lausev Mardell (Stockholm) and Thomas Killeen (Helsinki).

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