Mandate

Vinge advises Altor and management sellers in divestment of Euro Cater

April 26, 2013

Vinge is advising Altor Fund II G.P and management sellers in connection with the divestment of Euro Cater to reinvesting employees and Intermediate Capital Group plc (ICG). Euro Cater is a leading Nordic food service company, distributing food and non-food products to hotels, restaurants and other professional kitchens. Euro Cater conducts operations in Denmark and Sweden and has around 1,750 employees. Altor invested in Euro Cater in 2006, and since then Euro Cater’s EBITDA has increased from DKK 200 million to DKK 500 million. The transaction is subject to approval of relevant competition authorities.

The Vinge team acts as local counsel to the sellers in the transaction, and includes partner Bo Adrianzon and associates Johan Steen, Ulrich Ziche, Oscar Rydén and Karin Isacson.

Related

Vinge has advised Vicore Pharma Holding AB (publ) in connection with its rights issue

Vinge has advised Vicore Pharma Holding AB (publ) in connection with an oversubscribed rights issue of shares whereby Vicore receives issue proceeds of approximately SEK 782 million before deduction of transaction costs.
October 22, 2024

Vinge has advised Vicore Pharma Holding AB (publ) in connection with its directed share issue

Vinge has advised Vicore Pharma Holding AB (publ) in connection with a directed share issue, whereby Vicore receives issue proceeds of approximately SEK 100 million before deduction of transaction costs.
October 22, 2024

Vinge has advised the Swedish state in connection with the reconstruction proceedings of SAS

Vinge has advised the Swedish state in connection with the reconstruction proceedings of SAS. The proceedings, which included considerations regarding state aid approved by the European Commission, have among other things involved restructuring, debt write-downs as well as an investment by a consortium consisting of Castlelake, Air France-KLM, Lind Invest and the Danish state. In total, the investment amounted to approximately USD 1.2 billion in SAS, divided into USD 475 million in unlisted equity and USD 725 million in convertible debt.
October 21, 2024