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.

 

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
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Vinge contributing to International Comparative Legal Guides

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New partners and counsels appointed at Vinge’s Stockholm office

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