Mandate

Vinge advises BHG Group in connection with the acquisition of HYMA Skog & Trädgård

June 11, 2021

Vinge is advising BHG Group AB (publ) in connection with its acquisition of 92.2% of the shares in HYMA Skog & Trädgård (“HYMA”). The initial purchase price for 100% of the shares is equivalent to approximately MSEK 1,100, which will be paid partly in cash and partly through an issue in kind. In addition, there is an earn-out based on EBITA for 2022 of up to SEK 500 million. Pursuant to the issue in kind, the current principal shareholder Verdane and HYMA’s management will become shareholders in BHG Group

HYMA holds a leading market position within the categories of Gardening, Tools and Leisure with a broad portfolio of external and own brands. The company’s turnover for the entire year 2021 is expected to amount to approximately MSEK 1,100 with an EBITA of MSEK 80.

 

BHG Group is the largest online actor within consumer trading in the Nordic region and the largest online actor in Europe within Home Improvement, which includes both Do-It-Yourself and Home Furnishing. BHG Group’s e-trading operations employs approximately 2,000 people and includes more than 100 online destinations and 70 showrooms. The head office is situated in Malmö with operations in most European countries. BHG Group is listed on Nasdaq Stockholm.

 

The transaction is subject to customary approvals by public authorities.

 

Vinge’s team consists of Kristian Ford together with, among others, Pär Remnelid (competition law), Christian Lindhé (capital markets), Niklas Törnell, Julia Ahlqvist, Karin Gynnerstedt, Lena Westberg, Tilda Hall and Selma Beganovic.

New partners and counsels appointed at Vinge’s Stockholm office

Advokat Sofie Bjärtun, advokat Rikard Lindahl, advokat Malin Malm Waerme and advokat Daniel Wendelsson at Vinge’s Stockholm office have been appointed as new partners as of 1 January 2022. The following lawyers have been elected as counsels at Vinge’s Stockholm office: Advokat Stojan Arnerstål, advokat Amanda Knutsson, advokat Jolene Reimerson, advokat Linnéa Sellström and advokat Filip Öhrner.
July 06, 2021

EU climate taxonomy – New regulations concerning companies’ publication of information

According to the European Union’s climate taxonomy, certain organisations must publish to what extent their operations are environmentally sustainable. In order to clarify what information the companies need to report, as well as how this should be done, the EU Commission has prepared a new delegated regulation. Primarily, the delegated regulation establishes relevant financial key ratios and different report precedents.
June 21, 2021

What an employer should know about the New Whistleblowing Act

Why adopt a new Whistleblowing Act when the current act was adopted as late as 2017?
June 15, 2021