Mandate

Vinge advises Balticgruppen in connection with the sale of shares in Ålö Intressenter

July 14, 2011

Vinge has advised Balticgruppen AB in connection with the sale of its shareholding in Ålö Intressenter AB to funds managed by Altor. Balticgruppen AB and 3i together constitute the target company’s majority shareholders. Ålö is a world leader within the development and manufacture of front loaders and ancillary equipment for the forestry industry and has sales companies in eight countries and factories in four countries.

Vinge’s team advising Balticgruppen AB consisted of partners Jan Widlund and Carl Gustaf De Geer and associates Nina Farrahi and David Andersson.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021