Vinge assisted Altor Fund III GP Limited (”Altor”) in connection with the sale of shares in CTEK AB (publ) (”CTEK”) through an accelerated bookbuilding process. Altor sold shares to a value of SEK 621 million and holds approximately 10 per cent of the shares in CTEK after the sale.
Vinge has advised Road Rental in conjunction with its acquisition of the family owned company Trafik & TA i Sverige AB which, inter alia, establishes and project manages TA plans, APD plans as well as TF plans.
Vinge has advised Annotell AB in an A-round in which the company acquires approximately SEK 220 million from Mediaplanet and Nordicninja. In addition, the existing investors Ernström & C:o and Stena Sessan participate in the round. Annotell provides market leading software for the development of advanced driver assistance systems and self-driving vehicles.
Vinge has advised Lagercrantz Group in conjunction with its acquisition of Westmatic, a leading distributor of environment friendly automated cleaning systems for heavy vehicles such as buses, trains, trucks and construction machinery. The group generates annual revenues of approximately SEK 175 million with a pro forma EBITA 2021 of approximately SEK 25 million.
Vinge has advised CTEK AB (publ) (“CTEK” or the “Company”) in connection with its listing on Nasdaq Stockholm. The prospectus was published on 13 September 2021 and the first day of trading on Nasdaq Stockholm was 24 September 2021.
Vinge has advised Road Rental Scandianvia AB in conjunction with the acquisition of all shares in TB Group AB, which conducts Trafikbutiken and manages traffic facilities with several depots in Mälardalen as well as in Karlskoga and Jönköping.
The transaction consisted of a new development project concerning a logistics property of approximately 20 000 square metres which Volvo Cars will rent, as well as the sale of two office properties in Torslanda.
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.
HELLA GmbH & Co. KGaA, one of the largest manufacturers of radar in the automotive industry, has made an investment of MSEK 182.3 and entered into a licensing and development agreement with time limited exclusivity for corner and side radar with Gapwaves AB (publ).
Vinge acted as local counsel to the owners of the Scandinavian petrol company din-X in connection with the sale of the company to the Norweigan private equity fund Pioneer Capital.
Vinge advises Geveko Markings and Solix Group in collection with the debt financing of Geveko Markings’ acquisition of Oré Peinture with subsidiaries. The acquisition is the biggest in Geveko Markings’ almost 100-year history. Geveko Marking is a portfolio company of the Swedish investment firm Solix Group.
Vinge has advised Sobro in connection with an investment in Road Rental Scandinavia AB, which is a turnkey supplier of traffic devices and equipment for barriers in conjunction with road works.
