Mandate

Vinge advises FSN Capital on divestment of Alignment Systems

February 20, 2012

Alignment systems is a global market leader within in collision repair and alignment solutions for passenger cars (within the business unit Car-O-Liner) and commercial vehicles such as heavy trucks, buses and trailers (within the business unit Josam). Their equipment can be found in workshops authorized by inter alia BMW, Mercedes Benz, Audi, Porsche, Scania, Volvo etc. The operations began in 1935 and is today present in more than 70 countries with more than 250 employees and sales exceeding MSEK 500. EBITDA have, during FSN's holding period, grown with more than 50%.

Closing of the transaction is subject to applicable merger control approvals.

Vinge’s team consisted of inter alia partner Bo Adrianzon and associates Johan Steen (project leader, M&A), Ulrich Ziche (project leader VDD), Martin Folke and Jonatan Lund Kirkhoff.

 

The Swedish rules on cabotage transport and posting will change on 2 and 21 February 2022

The Swedish government has decided on a number of new rules concerning cabotage transports, combined transports, transport customer responsibility for driving and rest times and posting of workers.
January 21, 2022

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021