Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises Industrifonden in connection with the disposal of all shares in the children’s shoes company, Vincent
Mandate

Vinge advises Industrifonden in connection with the disposal of all shares in the children’s shoes company, Vincent

June 28, 2013

Vinge is advising Industrifonden in connection with the disposal of all shares in the children’s shoes company, Vincent Shoe Store AB, which designs and sells a complete collection of children’s shoes under its own trademark. The purchaser is Wonderful Times Group AB (publ), one of the Nordic region’s leading distributors of children’s products. Under the agreement, the acquisition will be effected through an issue in kind of 18 million shares in Wonderful Times, which is conditional upon an extraordinary general meeting adopting a resolution concerning the consideration shares. At present, Vincent Shoe Stores AB is primarily owned by Kattvik Financial Services AB and Industrifonden, which will acquire a significant holding in Wonderful Times as a result of the transaction.

Vinge’s team consisted of responsible partner Johan Larsson and associate Jonas Johansson.

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

 The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

 On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021

The EU Commission proposes a new tool to counter the use of economic coercion by third countries

The European Commission has proposed a new regulation that will provide it with tools to counteract economic coercion from third countries with measures such as tariffs and imports restrictions.
December 13, 2021