The Rehobot Group has been acquired by J2L

Livingstone has acted as the exclusive financial advisor to Obadja AB on the sale of the Rehobot Group to J2L Holding AB
  • Jan 2023
  • Industrial
  • M&A: Sell-Side
  • Sweden

Livingstone has acted as exclusive financial advisor to Obadja AB on the sale of the Rehobot Group to J2L Holding AB (J2L). Through the transaction, J2L acquired 100% of the shares in Rehobot AB, the parent company of Rehobot Hydraulics AB and Simson Power Tools AB.

Rehobot Hydraulics, based in Eskilstuna, Sweden, develops, manufactures, and sells innovative products and systems with high-pressure hydraulics for use in service and maintenance applications. The company, the market leader in the Nordics, exports its products worldwide with sales in around 50 countries. Rehobot Hydraulics dates back to 1924 and since then it has offered products and solutions that include high-pressure hydraulic pumps, cylinders, tools, and rescue equipment. Rehobot Hydraulics has, through sister companies, owned sales offices and warehouses in the US and UK.

The company group also includes Simson Power Tools, based in Hofors, Sweden, who initiated the development of their own hydraulic jacks in the middle of the 1950s. In the decades since then, much has changed, although the principles remain the same: combining great power with good design and high quality. Simson Power Tools has, through a sister company, its own sales office and warehouse in Germany.

J2L is a family-owned investment company that is a long-term owner with the goal to develop small to medium-sized companies focusing on industrial and commercial companies.

Livingstone’s team has completed another transaction in the sector, following the sale of Hedson Technologies to Storskogen, ProvideU to Novedo and Beneli to Volati.

Morris Law acted as legal advisor to Obadja AB during the sales process.

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