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.

Sanctions round-up

Not long time 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, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020