This information will on top SvD Enterprise’s earlier revelations that Sverker Martin-Löf let wife, children, grandchildren and even dogs fly with the SCA’s plan and that his sons participated in various SCA hunts.
These are two great shops that SvD Business now can reveal entirely new data.
One of the deal is about when SCA sold back the Austrian paper company Laakirchen to Sverker Martin Löf’s longtime jaktvän Alfred Heinzel.
SvD Business have previously described how Sverker Martin-Löf and his son one day show up in classic hunting regalia at Bromma and completes SCA’s private jet. When the duo reaches Austria stands Alfred Heinzel and waiting in similar attire. Sverker Martin-Löf and Alfred Heinzel has chased a lot together, especially the rare Austrian alpgeten, chamois.
Alfred Heinzel comes from a wealthy Austrian family which in 1988 sold the paper company Laakirchen to SCA. The Austrian business newspaper Wirtschaftsblatt describes Alfred Heinzel as a person with an outstanding network, where his friends are helping to build up his business. “My success is based on network experience and contacts,” has Heinzel told Wirtschaftsblatt.
In 1988, SCA acquired a paper company Laakirchen from Heinzels family. 25 years later, in 2013, bought by Alfred Heinzel back Laakirchen. The purchase price was EUR 100 million with a possible additional consideration of up to EUR 100 million, based on a two-year profit sharing model. The final purchase price is determined, in other words this year.
In connection with the transaction SCA was forced to take an impairment charge of € 50 million, equivalent to around half a billion crowns. According to Heinzel Group press release was Alfred Heinzel “clearly satisfied” with the deal, which gives the company significant market share.
Alfred Heinzel has previously been head of the SCA’s hygiene products, located in Munich. Reportedly wanted Sverker Martin-Löf to Heinzel would become president when he took the step from the CEO to the Board. When the CEO post went to Jan Åström went Alfred Heinzel back to build their own family business, where Laakirchen now, therefore, be an important part.
According to Svenska Dagbladet Enterprise’s sources acted Sverker Martin-Löf’s son external advisors in connection with the transaction, 2013. Given the size of the transaction, nearly 2 billion, he should have been able to lift a fee of several million.
While describing the sources of the store closest to an internal settlement with Given the companies’ long-term relationships, and the need for an external advisor can therefore highly questionable.
The second deal, where Sverker Martin-Löf’s son was involved, pipes a billion settlement in Australia.
In November 2011, SCA announced that it had entered into a giant business with the Australian venture capital firm Pacific Equity Partners. The deal was to merge operations in Australia, New Zealand and Fiji in a joint company in which SCA took half and venture capital firm half.
The deal was great, the operations had then 4.4 billion in revenues and 1 500 employees. For SCA, it was on paper, no brilliant deal. The company received 3.2 billion for its stake, while making an impairment charge of 700 million.
On both transactions where Martin-Löf’s son has been involved thus has the SCA written off values of 1.2 billion.
The SCA’s communications around the deal with Pacific Equity Partners was no mention of who had an advisory role. According to Svenska Dagbladet Enterprise’s sources acted son as an intermediary between SCA and a large bank with roots in South Africa, which was SCA’s official advisers.
In the summer of 2014 was listed in the joint company, renamed Asaleo Care at the Sydney Stock Exchange . Even then, the Bank was the sole advisor to SCA and received pursuant to the prospectus 2.5 million Australian dollars, equivalent to about 17 million.
During the same time period as the preparation of the IPO lasted worked his son’s stepchildren of the bank was involved in affair, and the Australian law firm that was SCA’s advisor in the listing. Bonus child is working today on his son’s London Company.
Sverker Martin-Löf’s son has a long career as an advisor on various major international banks behind it, and has served as director of business affairs at Nordea . Today he runs his own business based in London.
At SCA shall, reportedly, have been very few known about his son’s involvement in the business.
SvD Business, SCA for comment.
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