Mandate Vinge advises Industrifonden in connection with Actiwave investment

August 31, 2012

Vinge has advised Industrifonden in connection with its SEK 13 million investment in Actiwave, a company which has developed a new form of digital audio technology which improves the sound quality in, among other things, mobile phones and tablet computers. The current owner, SEB Venture Capital, is also participating in the investment.

Industrifonden invests in small and medium-sized Swedish companies with international growth potential. Industrifonden has assets of SEK 3.8 billion and has invested in 89 companies within the technology, cleantech, life science and industrial sectors.

Vinge’s team consisted of partner Johan Larsson together with associates Karl Svantemark, Evelina Tejle and Karl Hahtovirta.

Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
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Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
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