Global law firm White & Case LLP has advised Nordea Bank Abp, filial i Sverige and Pareto Securities AB on the initial public offering (IPO) and Nasdaq First North Premier Growth Market listing of Re:NewCell AB.
Renewcell provides an alternative raw material for textile production that replaces resource-intensive material, such as cotton, or petroleum-based material, such as polyester. Renewcell is thought to be the first company in the world to commercially offer a dissolving pulp for textile production manufactured from 100 percent recycled textiles, succeeding in closing the loop for cellulose-based textiles (cotton or viscose) in an otherwise linear textile value chain.
The White & Case team which advised on the transaction was led by partner Rikard Stenberg (Stockholm) with support from partner Mikko Hulkko (Helsinki) and associates Christoffer Nilmén (Stockholm) and Benjamin Tuiskula (Helsinki).
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