Vinge has advised the Swedish state in connection with the reconstruction proceedings of SAS. The proceedings, which included considerations regarding state aid approved by the European Commission, have among other things involved restructuring, debt write-downs as well as an investment by a consortium consisting of Castlelake, Air France-KLM, Lind Invest and the Danish state. In total, the investment amounted to approximately USD 1.2 billion in SAS, divided into USD 475 million in unlisted equity and USD 725 million in convertible debt.
Vinge has advised Sveafastigheter AB (publ) (”Sveafastigheter”) in connection with its listing on Nasdaq First North Premier Growth Market. The prospectus was published on 7 October 2024 and the first day of trading is 18 October 2024.
Founded in 2011 by experienced chefs, bakers and restaurant owners, Cookin has a strong presence in the airline and retail sectors and offers high quality ready-made meals that are customised to the customers’ needs.
Vinge has advised the sellers in connection with the sale of all shares in Mark Bric AB to Sareq AB. Mark Bric manufactures and sells high quality size markers to the global retail industry.
On 11 October 2024, Strategic Value Partners, through Coniferous Bidco AB, announced a public takeover offer to the shareholders in Nordic Paper Holding AB (”Nordic Paper” or the “Company”) to acquire all shares in Nordic Paper.
Vinge has advised Chieftain Capital Management, Inc. (”Chieftain”), a New York based family office, in its investment in the Swedish megacar manufacturer Koenigsegg Automotive AB (“Koenigsegg”).
Avima AB is a Swedish specialist in project and information management, with expertise in complex projects within construction, real estate and infrastructure.
Vinge has advised the Nordic private equity firm Axcel in connection with its establishment of Accru Partners, a new group of 22 independent firms in Sweden within accounting, tax, audit and other advisory services.
Vinge advises Irisity AB (publ) in connection with its rights issue of units consisting of shares and warrants. The issue is guaranteed to 80 per cent through subscription commitments and external guarantors.
The detailed development plan for approximately 50 new homes in Trönningenäs, north of the city of Varberg, was adopted by the municipality on 23 February 2023. It was subsequently appealed in several stages. By decision of the Land and Environment Court of Appeal, the plan become legally binding on 2 October 2024.
Vinge has advised Egetis Therapeutics AB (publ) (“Egetis Therapeutics”), listed on Nasdaq Stockholm, in connection with directed share issuances whereby Egetis Therapeutics receives gross proceeds of SEK 300 million.
Vinge has acted as legal advisor to Orlando Capital V in connection with the acquisition of Swedpaper AB, a leading European manufacturer of white sack and kraft paper used in various packaging solutions for the retail, food and construction industries. Swedpaper AB's revenue for the fiscal year 2023 amounted to over EUR 68 million.
Vinge advised Global Auto Holdings Limited in the acquisition of Danish automotive group K.W. Bruun’s import and digital business. In collaboration with Paul, Weiss, Rifkind, Wharton & Garrison LLP (lead counsel) and Bruun & Hjejle (Danish counsel), we have advised Global Auto Holdings Limited, a leading global auto retailer, on the acquisitions of K.W. Bruun Import A/S and K.W. Bruun NxT A/S including the acquisition financing hereof.
ITAB Shop Concept AB (publ) has entered into an agreement intended to lead to the acquisition of Financière HMY for EUR 320 million. The transaction is intended to be financed by a new long term credit facility of EUR 255 million, and a directed new share issue of approx. SEK 867 million which was carried out through an accelerated book-built offering.
Vinge has advised Santander Consumer Bank AS in connection with the sale of its Swedish and Norwegian credit card business as well as the sales financing business that Santander currently operates in partnership with Elkjøp in Norway and Elgiganten in Sweden to Avida Finans AB (publ).
