Vinge advises Beijer Byggmaterial in connection with its acquisition of AB Knut Lindgren

November 22, 2021

Vinge has advised Beijer Byggmaterial AB in connection with its acquisition of AB Knut Lindgren. AB Knut Lindgren, known as Lindgrens Bygg & Järn, is a family owned company with two facilities situated in Tingsryd and Urshult in Småland.

Vinges team consisted of, amongst others, Jonas BergströmJoacim Rydergård and Vilhelm Rondahl (M&A), Frida Ställborn (Real Estate/Lease Agreements), Lina Österberg (Environment), Mika Jordan (Corporate Commercial), Nicklas Thorgerzon (GDPR), Ebba Svenburg and Elin Broman (Employment Law).

REPowerEU – The European Parliament and the Council have assumed their standpoints

In May 2022, the Commission presented its proposal regarding REPowerEU. The purpose of the plan, which is based on the "Fit for 55" parcel , is to change Europe’s energy system by eliminating the EU’s dependency on Russian fossil fuels as well as to tackle the climate crisis. The European Parliament and the Council have now adopted their positions in order to incorporate the plan into the national recovery and resilience plans.
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Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

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The wide reach of the prohibition against circumventing EU sanctions

Against the background of Russia’s invasion of Ukraine, the EU has imposed a number of sanctions, which include a prohibition for companies within the EU to take certain measures in relation to Russia, as well as designated Russian people and entities on the sanction lists. Furthermore, a prohibition to circumvent the sanctions has been introduced in order to ensure that the sanctions are effective also in practice. When it comes to this circumvention prohibition, it is important to be aware of its wide interpretation, as established by the Court of Justice of the European Union and the European Commission.
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