Posten Norge sells Bring Citymail
Vinge has advised Posten Norge in connection with the sale of Bring Citymail to the German private equity company Allegra Capital.
Bring Citymail is the second largest actor on the Swedish market and has a turnover of approximately SEK two billion and approximately 3 600 employees.
In 2013, Bring Citymail established a jointly-owned company together with Dagens Nyheter and Svenska Dagbladet for the distribution of mail and newspapers within the Stockholm area. In connection with Allegra Capital’s acquisition of Bring Citymail, Bring Citymail has disposed of its stake in the jointly-owned company, and the distribution of morning newspapers will be performed by a company which is jointly owned by Dagens Nyheter and Svenska Dagbladet and the distribution of mail will be performed by Bring Citymail.
Vinge’s team primarily consisted of Johan Winnerblad, Malin Ohlin, Marcus Glader, Joacim Rydergård, Mathilda Persson, Andrea Ahlgren and Michaela Cronemyr.