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Mandate Vinge advises Hexatronic in conjunction with the acquisition of ICT

November 02, 2016

Vinge has advised Hexatronic Group AB (publ), listed on Nasdaq Stockholm, in connection with the acquisition of the entire issued share capital of ICT Education AB.

ICT conducts operations relating to training within fibre and copper technology and will constitute the basis for Hexatronic’s new business area Training which will become an important part of Hexatronic’s international expansion. The purchase price is paid in cash and in Hexatronic shares through an issue in kind. In addition, a supplementary purchase price is payable which is based upon ICT’s result during the next two years (earn-out).

Vinge’s team has primarily consisted of Anders Strid and Daniel Lennartsson.

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