Vinge advises Aspo, listed on Nasdaq Helsinki, in the transaction whereby Aspo's subsidiary Telko expands its chemicals business in Sweden by acquiring Swed Handling, a leading Swedish chemical distributor, from TeRa Invest. As part of the transaction, Aspo’s subsidiary Leipurin expands its food industry business in Sweden, via the technical food ingredient distributor Kebelco, which is a subsidiary of Swed Handling. The closing of the transaction is subject to customary regulatory approvals.

The enterprise value of the transaction is SEK 500 million, with potential for an additional earnout of up to SEK 130 million. Up to SEK 100 million of the purchase price can be paid in Aspo shares.

Aspo is a Finnish conglomerate that specializes in demanding B-to-B customers. Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo has businesses in 16 different countries, and it employs a total of approximately 700 professionals.

Read the client’s press release here.

Vinge’s team mainly consisted of Jonas Johansson, Linus Adolfsson, Tim Axell (M&A), Karl-Gustaw Tobola (Banking and Finance), Mario Saad (Corporate Commercial), Ebba Svenburg, Jonna Skog (Employment) Johan Cederblad, Lina Österberg (Environment), Elis Almark, Carla Zachariasson (IT & GDPR), Karolina Cohrs (Real Estate), Daniel Wendelsson, Sebastian Örndahl, Dagne Sabockis, Hilda Ivarsson (FDI, EU, Competition and Regulatory) and Emma Emsjö (Transaction Support Coordinator).

Related

Vinge advises Workday, Inc. on its $1.1 billion acquisition of Sana Labs

Vinge, together with Orrick Herrington & Sutcliffe, has advised Workday, Inc. (NASDAQ: WDAY) (“Workday”) on its acquisition of all shares in Sana Labs AB.
September 16, 2025

Vinge advises on the sale of ArmaTech to Defensor Group

Vinge has advised on the sale of ArmaTech i Kungsbacka AB (“ArmaTech”) to the newly formed defence group Defensor Group AB (“Defensor”).
September 16, 2025

Vinge advisor in connection with Klarna's IPO on the New York Stock Exchange

Vinge, together with Latham & Watkins, acted as advisor to bookrunners and managers in connection with the listing of Klarna, the global digital bank and provider of flexible payment solutions, on the New York Stock Exchange.
September 15, 2025