Assignment Vinge advises NKT Cables Group A/S

May 06, 2013

Vinge has advised NKT Cables in conjunction with the acquisition of Ericsson’s electricity cables operations.

The purchase price amounts to MSEK 250. In 2012, the business had revenues of approximately SEK 1.5 billion. The sale includes a facility in Falun with a production and development division as well as sales and administration, which includes a total of approximately 320 employees. The transaction is conditional upon approval by the competition authorities.

Vinge’s team consisted of, among others, Bo Adrianzon, Kristina Ekberg, Malin Buch, Johan Karlsson and Helena Höök.
 

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