Mandate

Vinge advises Incos AB in connection with the sale of Scandinanvian Cosmetics AB

June 22, 2011

Vinge has advised the seller, Incos AB, in connection with the sale of Scandinavian Cosmetics AB together with its wholly owned subsidiary, BeautyCos AB, to the Valoras Group, which is listed in Switzerland.

Scandinavian Cosmetics AB and BeautyCos AB are Sweden's leading distributors of cosmetics, fragrances, skincare and haircare products. The companies market approximately 40 world leading trademarks within the beauty industry. The product portfolio includes Max Factor, Olay, Clarins, Kanebo/Sensai, Hugo Boss, Lacoste, Puma, Gucci, Escada, Bvlgari and Björn Axén. The companies have approximately 100 employees at offices in Malmö and Stockholm. In May this year, Scandinavian Cosmetics was awarded "Entrepreneur Company (South) 2011".

Vinge was the sole adviser and project manager in respect of the entire transaction. Vinge's team consisted of, among others, client relationship partner Lars Gildés and associates Christian Lindhé and Karolina Tjärnberg.

Related news

Foreign direct investments – what applies in conjunction with security-sensitive activities?

Sweden is one of only a few EU countries which currently does not have a general regulation governing foreign direct investments. However, a legislative proposal is expected this spring. Vinge provides an overview of the current Swedish legal position in the Sweden chapter relating to Foreign Direct Investments (FDI) in the International Comparative Legal Guide.
February 03, 2023

Sanctions update December (part 2)

Further to our previous sanctions newsletters we herewith inform about recent sanctions developments, following the Council’s adoption of the ninth sanction package on 16 December 2022, and an agreement as to a price cap on Russian gas.
December 30, 2022

COP27 – one step closer to climate justice

COP27 was concluded on 18 November 2022 after two weeks of negotiations in Sharm El Sheikh in Egypt with the presence of leaders and representatives from 190 countries. The 1.5 °C target was a priority item on the agenda ahead of COP27, along with the efforts to support developing countries, which are particularly vulnerable to the effects of climate change. Amongst the EU’s top priorities ahead of the conference were to accelerate the phase out of coal, as well as to abolish inefficient fossil fuel subsidies.
December 19, 2022