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Mandate

VINGE ADVISES LITORINA IN CONNECTION WITH ACQUISITION OF LGT LOGISTICS

March 09, 2015

Vinge has advised Litorina IV in connection with the acquisition of the majority of the shares in LGT Logistics from Axcel. The company’s management will continue as shareholders of LGT Logistics together with Litorina. LGT Logistics, with net sales of over SEK 700 million, is the leading player in furniture logistics with a full service offering encompassing warehousing, cross-docking and distribution of furniture goods within, to and from the Nordic countries.  The acquisition is conditional upon the approval of the salient competition authority.

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