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Mandate Vinge advises DORO in connection with the acquisition of Birdy Technology

September 01, 2011

Vinge has advised DORO AB and its wholly owned subsidiary, DORO SAS, in connection with the acquisition of the entire issued share capital of the French based company, Birdy Technology SAS. The purchase price was paid partly through a directed issue in kind of new shares in DORO AB. DORO AB’s shares are listed on OMX Nasdaq Stockholm, Nordic List, Small Companies.

DORO focuses on the development, marketing and sale of telecom products for the elderly. With more than 35 years’ experience in the telecoms sector and sales in more than 30 countries on five continents, DORO is a world leading brand within the simple and user friendly mobile phones’ segment.

The acquisition is fully in line with DORO’s growth strategy and will offer its customers a broader range of products and services within a new and closely-related area.

The Vinge team that advised DORO AB and DORO SAS consisted of partners Johan Winnerblad, Johan Göthberg and Lena Almefelt together with associate, Nina Farrahi

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