Vinge advised TransPerfect in connection with the acquisition of Semantix

August 17, 2021

Vinge has advised TransPerfect Global Inc., the world’s leading provider of language and technology solutions for the global market, in connection with the acquisition of Semantix International Group AB, which is the Nordic region’s largest provider of translation and interpreting services.

Semantix has a turnover of approximately MSEK 700 and approximately 320 employees in Sweden, Denmark, Finland, Norway, Spain and Croatia.

Vinge’s team primarily consisted of responsible partner Anders Strid, Anna Jonsson (project manager), Magnus Hedsund, Wilhelm Stenvall, Christian Riddarbo, Emelie Svensäter Jerntorp, Selma Beganovic, Karin Gynnerstadt, Julia Söderdahl, Alexander Lindeberg, Anna Högsten, Gabriella Varga, Jakob Larsson Taghizadeh, Stina Karinsdotter and Erik Ax.

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Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

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Against the background of Russia’s invasion of Ukraine, the EU has imposed a number of sanctions, which include a prohibition for companies within the EU to take certain measures in relation to Russia, as well as designated Russian people and entities on the sanction lists. Furthermore, a prohibition to circumvent the sanctions has been introduced in order to ensure that the sanctions are effective also in practice. When it comes to this circumvention prohibition, it is important to be aware of its wide interpretation, as established by the Court of Justice of the European Union and the European Commission.
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