Mandate Vinge advises Alder in connection with its new majority ownership in Powerbox International

August 30, 2013

Powerbox International is one of Europe's leading manufacturers and distributors of power converters and associated products. It now has a new majority owner in Alder, a private equity fund based in Stockholm, Sweden. Founded in 1974, Powerbox International develops, manufactures and markets power supply solutions in AC/DC or DC/DC, ranging from a few watts to tens of kilowatts for demanding applications and customers. The company has an international reach with subsidiaries in 16 countries in Europe, the US and the Asia/Pacific region.

Alder is the new majority owner, with Industrifonden as well as current and previous employees of the company remaining as minority shareholders. Alder is an active investor and will, together with management, develop the company so that it reaches its full potential. As part of the transaction, new capital is invested in the company to help strengthen the organisation to enable future growth.

Vinges team consisted primarily of partners Johan Larsson and Jonas Bergström and associates Gustav Jönsson, Linn Adelwald and Philip Watson.

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