Vinge has advised Bygghemma Sverige AB in connection with the acquisition of 51 per cent of the shares in Outl1.se with an option to acquire the remaining 49 per cent within 3-4 years.
Bygghemma Group is the leading online supplier of home improvement products in the Nordic region. Bygghemma Group had a turnover of approximately SEK 5 billion in 2018, its head office is situated in Malmö and the company is listed on Nasdaq Stockholm. Outl1.se is a leading online actor in Sweden within the home, household and leisure products sector and in the last five years has demonstrated an average annual growth of 67 per cent and had a turnover of approximately SEK 100 million in 2018. Outl1.se will be consolidated within Bygghemma Group’s DIY segment.
Vinge’s team consisted of partner Kristian Ford together with, among others, associates Philip Åberg, Tilda Hall, Jessica Salomonsson and Daniel Melander Björner (employment law).