Vinge and the Finnish law firm Borenius have advised Func Food Group Oy, a portfolio company of the Finnish equity fund Sentica Partners, in connection with the acquisition of People’s Choice AB. People’s Choice markets and distributes Celsius functional beverages as well as the lifestyle clothing brand Freddy in Sweden. As a result of the acquisition, Func Food has thereby increased its current product range, which is currently focused on sports nutrition and super food, to include functional beverages and lifestyle clothing. The acquisition is partly financed through the issuance of a corporate bond.
Vinge’s team consisted of partner Jonas Bergström together with, among others, associates Nicolina Kindblom, Carl Sander and Isabell Nielsen. Partner Louise Brorsson Salomon and associate Helena Håkansson provided acquisition financing advice.