In May 2015, First-North listed Rehact AB signed an agreement to follow through on a reversed acquisition of AB Fastator. Rehact will by acquiring Fastator get access to a real estate portfolio with a mix of commercial real estate and investment properties. Rehact’s main focus will, following the transaction, be transformed from development of energy systems to real estate management. Rehact also renamed the company to AB Fastator (publ) in connection to the transaction.
Jarl Securities acted financial advisor to the owners of Rehact.