Vinge has advised Gunnebo in connection with its divestment of Gunnebo Entrance Control AB to ASSA Abloy.
Gunnebo is a global leader in security solutions, offering innovative products and services that protect and control the flow of people through its two separate business units, Gunnebo Entrance Control and Gunnebo Safe Storage. The divestment of Gunnebo Entrance Control AB marks an important milestone in Gunnebo’s strategic development, and following completion of the transaction, Gunnebo will focus exclusively on Gunnebo Safe Storage. ASSA Abloy is a global leader in access solutions, and through the acquisition of Gunnebo Entrance Control AB, the plan is to strengthen ASSA Abloy’s position in the market by complementing its core business with additional products and solutions, with Gunnebo Entrance Control AB becoming part of ASSA Abloy’s Entrance Systems division.
The transaction is subject to customary regulatory approvals.
Vinge’s team mainly consisted of Christina Kokko, Matthias Pannier, Nina Bonnier, Egil Svensson, Josef Groow, Adam Karlsson, Filippa Olsson (M&A), Mathilda Persson, Eva Fredriksson, Katja Häglund and Siri Blomberg (Commercial Agreements), Arvid Axelryd and Ian Johnson (Intellectual Property), Marcus Glader, Fredrik Hellström and Alva Chambert (EU and Competition Law), Linn Adelwald and William Carlberg Johansson (Banking and Finance), Johanna Engström and Caroline Löv (Transaction Support).
Please read Gunnebo’s press release here.
