Mandate

ABN Amro finance acquisition of Iittala Oy

May 12, 2005

The operative management of Iittala Oy, the Finish homewares design company, has agreed to acquire the company with the Swedish subsidiaries together with ABN Amro Ventures, the private equity arm of ABN Amro, the Dutch financial services group, from Hackman Oy which is a part of ALI Group, the Italian manufacturer of household appliances and machines, for an undisclosed sum.

Vinge acted for ABN Amro Ventures in what concerned the Swedish parts of the transaction.
Ulf Sallnäs (responsible partner)
Kristoffer Persson, Torbjörn Lindmark, Claes Henriksson (associates)

The Swedish rules on cabotage transport and posting will change on 2 and 21 February 2022

The Swedish government has decided on a number of new rules concerning cabotage transports, combined transports, transport customer responsibility for driving and rest times and posting of workers.
January 21, 2022

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021