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MCF advised Ragn-Sells in the divestment of RSM&CO to Ramboll Sweden

Ragn-Sells, a leading waste management, environmental services and recycling company, has sold its wholly-owned sustainability consultant company RSM&CO to Ramboll Sweden, part of the worldwide consulting engineering group Ramboll Group A/S. MCF acted as financial adviser to Ragn-Sells.

“With the divestment of RSM&CO, we are given the opportunity to further develop our three defined business areas Recycling, Treatment & Detox and New Value Chains, and to continue to execute on our strategy of driving the transition to a circular economy. MCF Corporate Finance has been a great partner to us, giving valuable and very professional support throughout the entire process.”

Magnus Uvhagen
Senior Adviser at Ragn-Sells

The Deal

Ragn-Sells is a privately held corporate group with operations in Sweden, Norway, Estonia and Denmark. MCF has previously acted as financial adviser to Ragn-Sells during the divestment of its Latvian operations earlier in 2018.

The divestment of RSM&CO is in line with Ragn-Sells’ corporate strategy to refocus along the broader trend towards sustainable circular economies that preserve scarce raw materials and natural resources. Going forward, the RSM&CO employees will be incorporated into Ramboll’s Environment & Health business area in Sweden, creating a strong future platform for development and growth in the global sustainability consultancy market.

The Target

RSM&CO was formed in 2016 through the merger of the two, family owned consultancy firms Ragn-Sells Miljökonsult AB and Askengren & Co AB. The company is one of the leading specialists within sustainable business, process development and educational services in Sweden.

Client Statement

Magnus Uvhagen, Senior Adviser at Ragn-Sells said: “With the divestment of RSM&CO, we are given the opportunity to further develop our three defined business areas Recycling, Treatment & Detox and New Value Chains, and to continue to execute on our strategy of driving the transition to a circular economy. MCF Corporate Finance has been a great partner to us, giving valuable and very professional support throughout the entire process.”

About Ragn-Sells

Ragn-Sells is a leading waste management, environmental services and recycling company, headquartered in Sweden. The group has 2,300 employees and had a turnover of SEK 5.5 b. in 2016. Since 1966, the privately-held corporate group has been involved in waste management, environmental services and recycling. The company collects, treats and recycles waste and residual products from businesses, organizations and households.

“With the divestment of RSM&CO, we are given the opportunity to further develop our three defined business areas Recycling, Treatment & Detox and New Value Chains, and to continue to execute on our strategy of driving the transition to a circular economy. MCF Corporate Finance has been a great partner to us, giving valuable and very professional support throughout the entire process.”

Magnus Uvhagen
Senior Adviser at Ragn-Sells
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