Vinge advises Electra Gruppen in connection with the merger with Elon Group

December 09, 2021

Electra Gruppen, listed on Nasdaq Stockholm, develops and operates concepts for retail chains with independent entrepreneurs, especially within consumer electronics, and is a flexible logistics partner that offers advanced IT and logistics solutions. Electra Gruppen’s merger with Elon Group creates the leading voluntary specialist retail chain in the Nordic region for home products with a focus on kitchens, appliances, consumer electronics, lighting and interior design, offered to consumers and businesses.

Based on the closing price of Electra Gruppen’s share on 6 December 2021 of SEK 65.0 per share, the value of the Electra Gruppen shares issued amounts to approximately SEK 628 million. The merger is intended to be carried out during the first half of 2022.

The Vinge team has primarily consisted of Charlotte Levin, Erik Sjöman, Amanda Knutsson, Annika Nyberg Ekenberg (Corporate public), samt Johan Karlsson, Sebastian Örndahl och Jakob Jeanrond (EU and competition).

Related news

Sanctions update December (part 2)

Further to our previous sanctions newsletters we herewith inform about recent sanctions developments, following the Council’s adoption of the ninth sanction package on 16 December 2022, and an agreement as to a price cap on Russian gas.
December 30, 2022

COP27 – one step closer to climate justice

COP27 was concluded on 18 November 2022 after two weeks of negotiations in Sharm El Sheikh in Egypt with the presence of leaders and representatives from 190 countries. The 1.5 °C target was a priority item on the agenda ahead of COP27, along with the efforts to support developing countries, which are particularly vulnerable to the effects of climate change. Amongst the EU’s top priorities ahead of the conference were to accelerate the phase out of coal, as well as to abolish inefficient fossil fuel subsidies.
December 19, 2022

Sanctions update December 2022

Further to our previous sanctions newsletters we herewith inform about recent sanctions developments as follows.
December 14, 2022