Mandate

Vinge advises Carrier Corporations

January 13, 2009

Vinge has advised Carrier Corporations in connection with the sale of its cold storage wholesale operations in Europe and South Africa (Carrier ARW) to G&L Beijer AB. Payment is made in the form of shares in G&L Beijer AB. Following the transaction, Carrier will be the majority shareholder of G&L Beijer AB.
 
The transaction’s value amounts to approximately SEK 1.1 billion. G&L Beijer AB is a group focusing on technology within the industrial trading sector with a turnover of over three billion Swedish kronor. Carrier Corporation is a subsidiary of United Technologies Corporation, a company listed on the New York Stock Exchange.
 
Vinge’s team consisted of, among others, Johan Göthberg, Mattias Friberg, Pontus Enqvist, Marie Hansson and Christoffer Benninge.

The Swedish rules on cabotage transport and posting will change on 2 and 21 February 2022

The Swedish government has decided on a number of new rules concerning cabotage transports, combined transports, transport customer responsibility for driving and rest times and posting of workers.
January 21, 2022

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021