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.
Vinge’s team consisted of responsible partner Johan Winnerblad together with, among others, associates Joacim Rydergård, Filip Öhrner, Emil Fahlén Godö and Johan Wahlbom.