# Vestum divests 20-company Lakers water portfolio to Equip Capital for SEK 326.5M

Vestum agreed to sell a portfolio of 20 operating companies from its Water segment, formerly part of Lakers Group, to Equip Capital for SEK 326.5 million on a cash and debt-free basis, with closing expected in Q2 2023.

- Type: Acquisition
- Announced: 2023-04-03
- Value: $31.4M (326.5M SEK)
- Status: announced
- Products: water segment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Lakers](https://endata.com/companies/3853.md)
- [Vestum](https://endata.com/companies/8518.md) (partner)
- [Equip Capital](https://endata.com/companies/10418.md) (acquirer)

## Sources

- [inderes.dk](https://www.inderes.dk/en/releases/vestum-carries-out-strategic-divestment-announces-its-intention-to-redeem-bond-and-updates-the-groups-financial-targets-regarding-profitability-and-capital-structure), 2023-04-03: "Through the divestment, Vestum receives a purchase price of SEK 326.5 million on a cash and debt-free basis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.