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.
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.
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.”
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.