CMS Wistrand advises Runway Safe AB in making a mandatory public offer together with Tron Capital AB

CMS Wistrand has advised Runway Safe AB in making a mandatory public offer to the shareholders of SARSYS AB, together with Tron Capital AB, through the jointly owned company Grundbulten 137100 AB (under name change to CFME Partners AB)

On 14 August 2024, Grundbulten 137100 AB (under name change to CFME Partners AB) launched a mandatory public offer to the shareholders of SARSYS to acquire all shares in SARSYS for a cash consideration of SEK 2.70 per share. The shares in SARSYS are admitted to trading on NGM Nordic SME.

Runway Safe is a Swedish company founded in 2014 with offices in both Europe and North America. The company specialises in runway safety in the aviation industry and conducts consulting activities in airport infrastructure, including stop systems for commercial aircrafts.

Runway Safe has a long-standing partnership with SARSYS under which Runway Safe is the exclusive North American distributor for the SARSYS aviation product programme. Runway Safe's vision of providing knowledge and value-added solutions to improve runway operations and safety in the aviation industry aligns with SARSYS' goal of achieving safe road and runway conditions for vehicles and aircrafts through, among other things, the development and provision of IT systems.

The combination of Runway Safe, Tron Capital and SARSYS enables continued support to realise the development plans and growth ambitions of SARSYS for the benefit of all stakeholders, including employees, customers and partners.

CMS Wistrand's team consisted of Louise Berlin, Amanda Luthman, Mikaela Kronmann, Hendrik Kangasmuukko and Lars Gahnström.