Vinge has advised Procuritas Capital Investors VII (“Procuritas”) in connection with the acquisition of Parkman i Sverige AB (“Parkman”), a growing Swedish tech-enabled parking operator that provides parking management solutions. As part of the transaction, Indigo Management AS becomes a minority owner of the company.
Lantmännen Ek för has signed an agreement to divest Swecon to Volvo Construction Equipment (Volvo CE). Volvo CE will pay SEK 7 billion for the acquisition. The transaction is subject to regulatory approvals and is expected to be completed during the second half of 2025.
Vinge advises Scania on its acquisition of Northvolt’s Systems Industrial business, including production capabilities, a research and development center, and a team of approximately 260 employees. The operations are based in two locations: a production facility in Gdańsk, Poland, and an R&D center in Tomteboda, Stockholm, Sweden.
Preem operates around 500 filling stations in Sweden, as well as refineries in Lysekil and Gothenburg which in total represent over 40% of Sweden’s energy needs for transportation and 80% of its refining capacity. Preem and Varo will jointly become Europe’s second largest renewable fuel producer and account for almost 10% of all road and marine fuels sold in Europe.
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”).
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.
Vinge has advised IK Partners and the other owners in connection with the divestment of Carspect Group Holding AB to TÜV SÜD Aktiengesellschaft. Carspect is a leading provider of vehicle inspections in Sweden, Estonia and Latvia, with a total of approximately 150 stations and over 500 employees.
Vinge advises Santander Consumer Finance in connection with its acquisition of all shares in Athlon Sweden AB, which is part of Mercedes-Benz Mobility.
Veoneer is the world leader in automotive electronic restraint control systems and has sold more than 1 billion electronic control units and crash sensors. Veoneer’s scalable, best-in-class restraint control systems are saving lives by mitigating the effects of car crashes. In 2023, the company’s products are part of more than 40 scheduled vehicle launches. The company has approximately 2,700 employees in 11 countries.
Caisse de dépôt et placement du Québec (CDPQ) have invested USD 150 million in Northvolt by of a convertible debt instrument. The financing will be used to realize the new site Northvolt Six in Québec. When the battery factory is completed, it will have an annual production capacity of up to 60 GWh.
Vinge has advised Bilia AB in connection with its issuance of senior unsecured floating rate bonds in an amount of SEK 800 million (within a framework amount of SEK 1,500 million) and its parallel tender offer in respect of its previously issued bonds due 2023.
Vinge has advised Bilia AB (publ) ("Bilia") in connection with the acquisition of Upplands Motor Stockholm AB. The acquired company reported a turnover of approximately SEK 1.2 billion and an operating profit of approximately SEK 48 million for 2020. The acquisition was subject to approval from the Swedish Competition Authority.
