Magnusson Denmark advises Bioworld Group and Character World Limited on the acquisition of the remaining 51% shares in Björna ApS

Magnusson Denmark advised the US-based Bioworld Group and its UK-based subsidiary, Character World Limited, in their acquisition of the remaining 51% of the shares in Danish textile company Björna ApS from BOMIK HOLDING ApS.

Following the acquisition, Bioworld Group and Character World Limited now hold 100% of the shares in Björna ApS, marking the completion of the second stage of the acquisition and further strengthening their position in the Nordic market.

Managing Partner & Head of Corporate M&A and Private Equity Sam Jalaei led Magnusson Denmark’s legal support to Character World Limited and Bioworld Group, a leading global producer and distributor of licensed brand merchandise, collaborating with major pop culture, toy and entertainment brands to design and distribute products ranging from clothing to home accessories.

Magnusson Denmark assisted Bioworld Group and Character World Limited throughout the process leading to closing. The engagement covered the preparation and negotiation of the share purchase agreement, executive service agreement and ancillary transaction documents, legal advice on the structuring of the transaction, and coordinating the closing and post-closing matters.

Sam Jalaei commented on the transaction:

“We are pleased to have continued our collaboration with Bioworld Group and Character World Limited on the acquisition of the remaining shares in Björna ApS. Having advised on the initial acquisition of a 49% stake, it has been rewarding to support the parties in taking the next step towards full ownership. The transaction further demonstrates Magnusson Denmark’s experience in cross-border M&A transactions involving international buyers and Nordic businesses, particularly in sectors where intellectual property and licensing arrangements are central to the business.”.

We congratulate all parties and advisors involved.