Mandate

Bergvik Skog - acquisition of the Swedish forestry business of Korsnäs and Stora Enso

May 12, 2005

Bergvik Skog AB, a new company created for the purpose of the acquisition, has agreed to acquire the Swedish forestry businesses of Korsnäs AB, the Swedish forestry company and Stora Enso Oy, the Finnish-based paper, packaging and forest products group, for SEK 18bn (EUR 2bn). Bergvik Skog was established by Stora Enso and Korsnäs, who will retain minority shareholdings of 43.3% and 5% respectively in the new company. The rest of the company's shares has been placed with institutional investors. Korsnäs is a wholly owned subsidiary of Industriforvaltnings AB Kinnevik, the Swedish management company. In connection with the acquisition, Bergvik Skog AB negotiated bank loans amounting to SEK 11,1bn.

Vinge acted for Bergvik Skog AB.
Stefan de Hevesy (responsible partner)
Fabian Ekeblad, Katja Cato, Henrik Wenckert (associates)

Related

Vinge has advised Ingka Investments on its largest forestland acquisition

Ingka Investments, the investment arm of Ingka Group (the world’s largest IKEA retailer), has agreed to acquire approximately 153,000 hectares of land, mainly forestland, from Södra, Sweden’s largest forest owners’ association.
October 20, 2025

Vinge advises Procuritas on its acquisition of Parkman

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.
October 20, 2025

Vinge has advised Eleda in connection with the acquisition of Nordic Infrastructure Group AS (“Qben Rail”)

Qben Infra AB and ININ Group AS, which is majority owned by Qben Infra AB, have entered into a share purchase agreement with Eleda through Eleda’s subsidiary Eleda Norge AS (“Eleda”), to divest the Qben Rail platform to Eleda for a total enterprise value of up to NOK 850 million, including an earn out of up to NOK 65 million. Completion of the transaction is subject to customary closing conditions, including approval from the Swedish Inspectorate of Strategic Products and the Norwegian Competition Authority.
October 17, 2025