Mandate

Triton acquires Bravida ASA

February 19, 2007

Triton is acquiring roughly a total of 98 percent of the shares in Bravida ASA from Telenor ASA, Telenor Installation Holding AS, Sampo Life Insurance Company, Investment AB Latour, Stark II BV, Procuritas Capital Partners II LP, Procuritas Capital Partners IIB LP, SäkI AB and Baring European Fund (GP) LP. The Bravida group is the Nordic region's largest installation and service company with 8000 employees in Norway, Sweden and Denmark and sales of roughly SEK 9.5 billion. Bravida supplies solutions for the electricity, AC power, ventilation, security, service and property management industries, both the private and public sectors, and is represented in more that 150 locations in the Nordic region.

The legal advisor for Triton was the law firm of Vinge, with managing partner Christina Kokko handling mergers and acquisitions, and Mikael Ståhl for financing, who was assisted by Tom Zachrisson, Matti Scheffer, Peter Svanqvist, Johan Steen, Anna Elm and Kanja Berg.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

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