Mandate

Vinge advises Eleda in connection with acquisition of JVAB

May 09, 2020

Vinge has advised Eleda Infra Services Group (“Eleda”) on the acquisition of Järfälla VA- & Byggentreprenad AB (“JVAB”).

JVAB is focusing on civil engineering and transmission infrastructure in the Stockholm region. JVAB has around 150 employees and sales of approximately SEK 0.7 billion in 2019. The majority of JVAB is owned by the founding family, who will reinvest a significant portion in the combined Group. JVAB strengthens Eleda’s geographical coverage in the Stockholm area and has strong expertise in water works. The acquisition is carried out in connection with Altor Fund V’s acquisition of a majority stake in Eleda and Eleda’s acquisition of ONE Nordic.

Vinge’s team consisted of partner Christina Kokko together with associates Michaela Cronemyr, Manne Bergström, Hanna Risberg and Fredric Reissmüller (M&A), Trine Osen Bergqvist, Xandra Ståhlberg and Lisa Malmborg (Competition), Lisa Ullman (Employment), Rebecka Maltenius (Construction) and Nathalie Hughes (VDR assistant).

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On 17 June 2022, the Council adopted a regulation on a new instrument for international procurement (“IPI”), following the formal adoption of the IPI at the European Parliament plenary session on 9 June 2022. The general objective of the IPI is to create reciprocity in the access to international public procurement markets by enabling the Commission to undertake investigations and adopt measures to open and improve access to third-country public procurement and concession markets.
July 11, 2022