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Vinge advises Bergs Timber in connection with transfer of Berg’s Swedish sawmill business

June 18, 2020 Capital Markets and Public M&A

Vinge has advised Bergs Timber AB (publ) in connection with the transfer of the sawmills in Orrefors, Vimmerby, Mörlunda and the assets at the already discontinued operations at Gransjö.

The consideration for the operations, including the working capital involved, is estimated to amount to approximately SEK 400 million, of which SEK 303 million pertains to fixed assets. Bergs Timber has sales of approximately SEK 3.2 billion and is listed on Nasdaq Stockholm.

Vinge’s team has primarily consisted of Jesper Schönbeck, Ulrich Ziche, Joel Wahlberg, Joel Magnusson, Mikaela Falkner, Falkner, Louise Brorsson Salomon, Trine Osen Bergqvist, Kristoffer Larson and Jessica Öijer.

 

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