Mandate Vinge advised Goldman Sachs and Nordea in relation to Thule’s listing on Nasdaq Stockholm

December 09, 2014

Vinge advised Goldman Sachs International and Nordea Bank AB (publ) – joint global coordinators and joint bookrunners – in relation to Thule Group AB’s application for listing on Nasdaq Stockholm. Thule’s principal shareholder is Nordic Capital. A prospectus was published on 13 November and the first day of trading on Nasdaq Stockholm was on 26 November. The total value of the offering amounts to SEK 2.1 billion, assuming that the over-allotment option is exercised in full.

Thule Group is a premium branded sports and outdoor company, with global leadership in the sport and cargo carriers market (e.g. bike carriers and roof racks) and is a leading company within other outdoor and bags product markets, selling its products in 136 countries, primarily through the Thule and Case Logic brands. The Company’s largest brand, Thule, is a premium brand recognized throughout the world among active consumers for products that are safe, easy-to-use and have a contemporary design. Through its Case Logic brand, the Company is well-established in many geographic locations in the bags for electronic devices market.

Vinge’s team consisted mainly of Peter Bäärnhielm, David Andersson and Sabina Börjesson.

Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020