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Vinge advises Hexatronic in connection with the acquisition of Proximion

August 20, 2014

Vinge has advised Hexatronic Scandinavia AB (publ), listed on NASDAQ OMX First North, in connection with the acquisition of the shares in Proximion AB. Proximion manufactures, develops and sells optical modules and sub-systems based on Fiber Bragg Grating (FBG) technology which, among other things, facilitates long-distance transfer of data in fiber networks. The purchase price for the shares amounts to SEK 55 000 000 as well as results based supplementary purchase price in the maximum amount of SEK 8 000 000. The purchase price will be paid in cash and through newly issued shares in Hexatronic.

Vinge’s team consisted of responsible partner Anders Strid together with associates Anna Seisling and Patrik Gargolinski.

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