Vinge is advising Komatsu Forest AB in connection with the acquisition of Log Max AB and Log Max AB’s US subsidiary Log Max Inc. Komatsu Forest AB is a wholly-owned subsidiary to Komatsu Ltd., who manufactures and sells construction and mining equipment, utilities, forest machines and industrial machinery, with a turnover of approx. USD 21bn. and approx. 44,000 employees, and who is listed inter alia on the Tokyo stock exchange. Log Max, with head office in Grangärde, manufactures and sells equipment for mechanized forestry operations and in particular grapple harvesters - a device that will grip and fell a tree, and cut it to desired lengths.
Closing of the transaction is subject to applicable competition law approvals and other customary closing conditions.
The Vinge team included partners Carl Gustaf De Geer and Malin Ohlin, and associates Nina Farrahi and Peter Sundgren (M&A), associates Christian Hybinette and Eric Ödling (commercial agreements), partner Marcus Glader and associate Peter Alstergren (EU and competition law), associate Johan Cederblad (environmental law), associate Claes Henriksson (IP law), and associate Emma Lindelöf (employment law).