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).
