Mandate

GeoPost Group – acquisition of the Baltic, Poland and Russia-based operations of Posten Sverige AB

May 12, 2005

GeoPost Group, the French-based logistics company and subsidiary of La Poste, the French postal service company, has agreed to acquire the Baltic, Poland and Russia-based parcel delivery and logistics business operations of Posten Sverige AB, the Swedish mail delivering company, for an undisclosed amount. The acquisition includes the BLS-Eesti (Estonia), BLS-Latvija (Latvia), BLS-Vilnius (Lithuania), Masterlink Express and its subsidiary Air Cargo Poland (Poland); and Armadillo and Armadillo Business Parcel (Russia) franchisee business operations. The acquired businesses reported revenues of approximately SEK 300m (EUR 33.15m) in 2003 and employ approximately 1,000 people.

Vinge acted for GeoPost Group.
Fredrik Wilkens (responsible partner)
Per Johan Eckerberg (partner of Vinge's Insurance Practice)
Jens Haneklint, Katarina Nordblom, Sara Olsson (associates)

Related news

Foreign direct investments – what applies in conjunction with security-sensitive activities?

Sweden is one of only a few EU countries which currently does not have a general regulation governing foreign direct investments. However, a legislative proposal is expected this spring. Vinge provides an overview of the current Swedish legal position in the Sweden chapter relating to Foreign Direct Investments (FDI) in the International Comparative Legal Guide.
February 03, 2023

Sanctions update December (part 2)

Further to our previous sanctions newsletters we herewith inform about recent sanctions developments, following the Council’s adoption of the ninth sanction package on 16 December 2022, and an agreement as to a price cap on Russian gas.
December 30, 2022

COP27 – one step closer to climate justice

COP27 was concluded on 18 November 2022 after two weeks of negotiations in Sharm El Sheikh in Egypt with the presence of leaders and representatives from 190 countries. The 1.5 °C target was a priority item on the agenda ahead of COP27, along with the efforts to support developing countries, which are particularly vulnerable to the effects of climate change. Amongst the EU’s top priorities ahead of the conference were to accelerate the phase out of coal, as well as to abolish inefficient fossil fuel subsidies.
December 19, 2022