Vinge has advised Karl Hedin and the minority owners in connection with the sale of Toftani Metsanduse OÜ to OÜ Metsavennaskond.
OÜ Metsavennaskond is an Estonian company active in the forestry sector. The operations of Toftani Metsanduse OÜ comprise a total of approximately 10,800 hectares of forest and land in Estonia, with a timber volume of approximately 1.1 million cubic metres of standing forest. The acquisition comprises all shares in Toftani Metsanduse OÜ. The transaction is subject to approval by the competent competition authority.
Vinge’s team consisted mainly of Jonas Johansson, Johan Winnerblad, Egil Svensson and Olof Löfvenberg (M&A) and Jessica Öijer (Project Assistant).
Read the client’s press release.
