Sjöfart.Ax: Open Battle For Power In Eckerö

By | 2020 Newsletter week 25 | No Comments

This article (in Swedish) summarises the shareholder uprising against the Mansén family in Rederi Ab Eckerö, lead by Businessman Johan Eklund.

The reason for the conflict is the corona crisis that caused bankers and the Ministry of Finance to demand a capital injection. Not because the equity is bad, the equity ratio is strong 50 percent. The Ministry of Finance and the banks want to see that there is also a determination among the owners to save the company.

Eklund is ready to guarantee a new share issue of EUR 10 million together with a handful of other shareholders, but only if the owner family Mansén waives the right to exercise their subscription rights.