Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises Ellevio in connection with the acquisition of Edsbyns Elnät AB and bid for AB Edsbyns Elverk (publ)
Mandate

Vinge advises Ellevio in connection with the acquisition of Edsbyns Elnät AB and bid for AB Edsbyns Elverk (publ)

September 27, 2021 M&A Capital Markets and Public M&A Energy

Vinge is advising Ellevio and its group companies in connection with the acquisition of Edsbyns Elnät AB from AB Edsbyns Elverk (publ) and also in relation to Ellevio’s public offer to the shareholders of Edsbyns Elverk regarding the acquisition of all shares in the company. The offer has been recommended by the board of directors of Edsbyns Elverk and the purchase price is set to SEK 385 million. The acceptance period for the offer ends on 22 October 2021.

 

The sale of Edsbyns Elnät AB is conditional upon the adoption of a resolution in favour of the proposal at an extraordinary general meeting of Edsbyns Elverk. The purchase offer is conditional on, among other things, the requisite amendments being made to Edsbyns Elverk’s articles of association in order to permit the transfer of class A shares without being subject to post-transfer purchase rights for the existing members.

 

Ellevio is one of Sweden’s largest electricity network companies with approximately one million customers and 500 employees. Ellevio is owned by the pension managers Folksam, the First Swedish National Pension Fund, the Third Swedish National Pension Fund and OMERS Infrastructure.

 

Vinge’s team consisted of, among others, partner Peter Sundgren (Energy/M&A) together with partner David Andersson (Capital Markets and Public M&A).

 

For further information, please see: https://www.ellevio.se/om-oss/Pressrum/newsroom/2021/september/ellevio-lamnar-nytt-bud-pa-edsbyns-elverk/

Related

Vinge advises Intrum on its EUR 4.48 billion recapitalisation transaction

 Intrum AB and its subsidiaries have completed a comprehensive and strategic recapitalisation transaction aimed at strengthening the company's balance sheet and securing its long-term financial stability. The transaction involves a restructuring of Intrum's existing debt portfolio of approximately EUR 4.48 billion and includes, among other things, an extension of loan maturities, write-downs of existing debt instruments, the injection of new capital from certain of the company's noteholders, and a share issue to existing noteholders. The recapitalisation transaction was implemented through a pre-packaged Chapter 11 process in the United States and a Swedish company reorganisation.
August 25, 2025

Vinge advises Neptuniplan Maritime in financing of ANCS acquisition

 Vinge has advised Neptuniplan Maritime Holding AB in connection with entering into a more than EUR 133 000 000 facilities agreement with Citibank, Danske Bank and Nordea for the purpose of, among other things, financing its acquisition of Wärtsilä’s Automation, Navigation and Control Systems (ANCS) business. Operations will be continuing under NACOS Marine, who provides, among other things, advanced solutions in vessel navigation, automation, and control systems, as well as adaptive autopilots and Guidance Marine, a leader in position reference sensor technology for dynamic positioning and maritime safety.
August 25, 2025

Vinge has advised HealthCap on the establishment of HealthCap IX

 HealthCap IX has held its final closing, raising total commitments in excess of the target from a diverse investor base comprising established institutions, pension funds, and renowned investors within the life sciences sector. The strong support reflects continued confidence in HealthCap’s strategy and proven track record.
August 22, 2025