Vinge advises Access Industries in connection with the management buy-out of Energibolaget i Sverige AB
August 22, 2007
Vinge represented the American industrial group Access Industries in connection with the sale of 70 per cent of the shares in Energibolaget i Sverige AB in a management buy-out.
Access Industries was represented by Henrik Wenckert and Martin Hall
InArea's new facilities agreement comprises a term loan and a revolving credit facility, replacing the company's existing facilities. The facilities agreement also includes an option to increase the lending framework through an incremental facility of up to SEK 200 million.
Vinge has advised the arrangers, ING Bank N.V., ABN AMRO Bank N.V., DNB Bank ASA, Nordea Bank Abp, OP Corporate Bank plc, Coöperatieve Rabobank U.A., SpareBank 1 Sør-Norge ASA and Swedbank AB, in connection with St1 Biokraft AB’s EUR 260 million financing.
Trinax Group has acquired the Swedish company AddMobile and the Finnish company Scudo Solutions, which specialise in software for work order management and project and cost management respectively. The two acquisitions broaden the group’s offering across the entire value chain, from the client’s budget and costing to the contractor’s field work, whilst strengthening its geographical presence in Finland.