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22 Apr 2026

Setterwalls Advises Strand Kapitalförvaltning on Sale to Norion Bank

"Setterwalls advised the shareholders of Strand Kapitalförvaltning on the divestment to Norion Bank. Strand, an asset manager with approximately SEK 6 billion AUM in 2025 and an award‑winning bond fund, will be acquired by Nasdaq‑listed Norion Bank to strengthen its wealth management offering. The transaction is subject to customary regulatory approvals."

Setterwalls advised the shareholders of Strand Kapitalförvaltning in connection with the divestment of Strand Kapitalförvaltning to Norion Bank. The transaction concerns the sale of Strand Kapitalförvaltning, an asset management firm that offers discretionary management and manages its own funds, including an award‑winning bond fund. As of 2025, Strand Kapitalförvaltning has approximately SEK 6 billion in assets under management. Norion Bank is a Nordic financing bank listed on Nasdaq Stockholm. The acquisition is intended to strengthen Norion Bank’s position in Wealth Management. The transaction is subject to customary regulatory approvals. Setterwalls represented the shareholders of Strand Kapitalförvaltning with a team composed by: Marcus Nivinger, Frida Lindhvall, Alexandra Åberg. Practice areas: Financial Services; Mergers and Acquisitions.
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