Horten has advised the Swedish taxi giant with the acquisition of Denmark’s second-largest taxi company 4x27.

Cabonline, realising more than DKK 4.5 billion, already operates taxi companies in Sweden, Norway and Finland. For a long period of time, the company has been interested in expanding its activities to Denmark. With the acquisition, Cabonline will add more than 200 taxi operators, 300 cars and a turnover of approx. DKK 300 million each year.

Taxi 4x27 will join Cabonline and thereby become a part of Scandinavia’s largest taxi company.

Cabonline is owned by the capital fund H.I.G., which administers DKK 200 billion.

Horten advised Cabonline with the acquisition.

contacts

Hans Christian Pape

Partner

Marie Funch Lind

Attorney