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)

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021

Vinge contributing to International Comparative Legal Guides

Vinge’s specialists within Maritime and Transport law have been requested to contribute with a chapter explaining the Swedish legislative framework in relation to maritime law in the International Comparative Legal Guides, ICLG.
August 20, 2021

New partners and counsels appointed at Vinge’s Stockholm office

Advokat Sofie Bjärtun, advokat Rikard Lindahl, advokat Malin Malm Waerme and advokat Daniel Wendelsson at Vinge’s Stockholm office have been appointed as new partners as of 1 January 2022. The following lawyers have been elected as counsels at Vinge’s Stockholm office: Advokat Stojan Arnerstål, advokat Amanda Knutsson, advokat Jolene Reimerson, advokat Linnéa Sellström and advokat Filip Öhrner.
July 06, 2021