Mandate

Beijer Byggmaterial to acquire Bygg-Ole

October 10, 2018

Vinge has advised Beijer Byggmaterial AB (“Beijer Byggmaterial”) in connection with Beijer Byggmaterial entering into an agreement to acquire Nacka Trä & Byggvaror, Sven Gustafsson AB ("Bygg Ole"). Completion of the transaction is subject to customary conditions.

Bygg Ole is a family owned company with stores in Nacka, Värmdö, Märsta och Saltsjö Boo. Bygg Ole has an annual turnover of more than MSEK 700 and employs more than 200 employees. Beijer Byggmaterial is Sweden’s largest wholly owned retailer and distributor of building materials with 69 stores across Sweden. With the acquisition of Bygg Ole, Beijer Byggmaterial grows to have a total of 73 stores in Sweden. Beijer Byggmaterial is part of Stark Group, the largest retailer and distributor of building materials in the Nordic region with operations in Denmark, Greenland, Norway, Sweden and Finland. 

Vinge’s team consisted of, among others, Jonas Bergström, Linda Sengul and Anna Thoms (M&A), Hayaat Ibrahim (Corporate Commercial), Kristoffer Larsson (Real Property/Lease Agreements) and Xandra Ståhlberg (Anti Trust).
 

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