Mandate Vinge advises Eleda in connection with acquisition of One Nordic

May 09, 2020

Vinge has advised Eleda Infra Services Group (“Eleda”) on the acquisition of One Nordic from Altor Fund III.

ONE Nordic is one of Sweden's leading suppliers of technical services in electricity transmission infrastructure and renewable energy production. With a nationwide organization and local knowledge, ONE Nordic delivers high quality services and solutions to energy producers, distributors and energy users with around 1,000 employees and sales of approximately SEK 2.1 billion in 2019. One Nordic broadens Eleda’s capabilities into electricity transmission infrastructure services and projects focusing on electricity distribution and renewable energy (wind and hydro power). The acquisition is carried out in connection with Altor Fund V’s acquisition of a majority stake in Eleda and Eleda’s acquisition of Järfälla VA- & Byggentreprenad AB.

Vinge’s team consisted of partner Christina Kokko together with associates Michaela Cronemyr, Fredric Reissmüller, Manne Bergström and Hanna Risberg (M&A) and the due diligence team of partner Johan Cederblad with associates Lova Unge, Elias Lundin, Lisa Ullman, Sofia Landolsi, Tove Lövgren Frisk, Anna Li, Olof Löfvenberg, Arvid Axelryd, Lisa Hörnqvist, Jonathan Riddersholm and VDR assistant Nathalie Hughes.

Clarification of the interpretation of ”nearest suitable railway station”

Road transport performed by Samskip Sia in Sweden has been confirmed to be within the framework of a permitted combined transport through a decision of the Administrative court of Falun in Sweden. The central question in the case was how to interpret the term “nearest suitable railway station”
June 30, 2020

DAC 6 – EU Directive concerning reportable cross‑border tax arrangements

DAC 6 is a EU Directive which entails that advisers are subject to a duty to notify the relevant tax authorities concerning their client’s cross‑border arrangements. The purpose of the information disclosure obligation is to combat tax evasion, tax fraud and tax avoidance.
June 04, 2020

The importance of continuous focus on compliance procedures in disrupting times

A large number of corporations will most certainly be severely impacted by the effects of the Covid-19 pandemic. The new challenges will impact companies’ compliance risks, which are likely to be different and, to a certain extent, increased. It is crucial that - also in disrupting times - internal compliance procedures are maintained and that new risks are identified and mitigated.
May 28, 2020