Vinge has advised Hexatronic Cable and Interconnect Systems AB, a wholly owned subsidiary of Hexatronic Scandinavia AB (publ), in connection with the acquisition of Ericsson’s fibre and sea cable business in Hudiksvall. In 2013, the business has a pro forma turnover of SEK 350 million and in connection with closing approximately 85 employees will be transferred for fibre production purposes and approximately 30 employees will be transferred during a transitional period for copper cable production purposes.
Vinge’s team consisted of, among others, partner Anders Strid and associates Anna Siesing (M&A and employment), Anna Palmérus (competition) and Ingrid Johansson (commercial property)
ScandCap, through Oskar Säfström, acted as Hexatronic’s financial advisers.
