Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Litorina Kapital acquires LBC and GM-ITM
Mandate

Litorina Kapital acquires LBC and GM-ITM

July 19, 2006

Litorina Kapital is acquiring the furniture logistics company LBC Sweden and the fellow Danish subsidiary GM-ITM from DHL. The acquisition will create Scandinavia's leading furniture logistics group company with sales of SEK 500 million. The newly formed group company, which will be owned by Litorina together with the Swedish and Danish company management, will be headquartered in Tibro.
Vinge represented Litorina Kapital and representatives from Vinge were Johan Winnerblad, Johan Sahlstrand, Fredrik Hallin and Tobias Brandell.

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