Assignment Vinge has acted for Bergs Timber in connection with its acquisition of Fågelfors Hyvleri and refinancing

July 02, 2019

Vinge has acted for Bergs Timber in connection with its acquisition of all shares in AB Fågelfors Hyvleri, a company with wood pellet production located in Fågelfors, Sweden. 

The purchase price amounts to SEK 48 million, of which SEK 30 million is paid in cash and SEK 18 million is paid in 5,940,594 newly issued class B shares in Bergs Timber. Bergs Timber has also, in connection with the acquisition, made a refinancing of outstanding credit facilities. 

Vinge’s team mainly comprised Jesper Schönbeck, Ulrich Ziche, Sofia Törnroth Nyberg, Astrid Isberg, Stina Bengtsson, Axel Jansson, Pauline Lagerstrand and Viktoria Owetz.

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