1. Home
  2. Mandates
  3. Vinge advises Bygghemma in connection with acquisition of Hemfint

Mandate Vinge advises Bygghemma in connection with acquisition of Hemfint

February 26, 2020

Vinge has advised Bygghemma Sverige AB in connection with the acquisition of 84 per cent of the shares in Hemfint Kristianstad AB for a fixed purchase price regarding 51 per cent of the shares, an earn-out based purchase price regarding 33 per cent of the shares over a 3-year period as well as an option to acquire the remaining shares within 3-4 years.

Bygghemma is the leading online based European supplier of products and services within DIY and home furnishings. In 2019, Bygghemma’s turnover was SEK 6.2 billion and the company employs more than 1 500 persons, has its head office in Malmö and is listed on Nasdaq Stockholm, Mid Cap. Hemfint is a fast-growing online provider of doors, windows, bathroom and leisure products in Sweden under its own trademarks and had a turnover of more than SEK 150 million in 2018.

Vinge’s team consisted of partner Kristian Ford together with, among others, associates Niklas Törnell, Tilda Hall, Jessica Salomonsson (commercial property/real estate) and Freja Najafi Kristensen (employment). 

Summary of employment related news in Sweden as of January 2021

 Short-time work, a new pandemic law and pending changes to the Employment Protection Act. Here is the latest employment related news in Sweden.
January 19, 2021

Vinge in first place when the transaction year 2020 is summarized
January 07, 2021

Sanctions round-up

Not so long ago, sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and particularly the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Set forth below is a summary of some recent developments.
December 22, 2020