Vinge advises EQT Infrastructure II fund in connection with the acquisition of a majority stake in Hector Rail AB, a leading Sweden-based independent rail freight company, from investment entities advised by Höegh Capital Partners, the founders Mats Nyblom and Ole Kjörrefjord, and other minority owners. Hector Rail was founded in 2004, supported by the Norwegian Høegh family. The Company, headquartered in Stockholm, Sweden, has around 190 employees operating in Sweden, Norway, Denmark and Germany.
Hector Rail offers environmentally friendly transportation services of heavy industry products, raw materials, intermodal freight and passengers to clients such as industrial companies, forwarders, and other rail companies under medium term contracts. The Company currently operates a fleet of around 50 locomotives and 10 shunters performing over 6 million train kilometres per year. Revenues amounted to approximately SEK 630 million in 2013.
Vinge’s team consisted of responsible partner Daniel Rosvall together with, amongst others, project manager Matthias Pannier and associate Maria Dahlin (all corporate).