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)

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