Mandate

Vinge advises Litorina Kapital in connection with acquisition of Björnkläder

December 06, 2010

Litorina Kapital has acquired 100 per cent of the shares in Björnkläder AB from Davis Service Group Plc.

Björnkläder is Sweden’s leading specialist supplier of professional workwear and personal protective equipment with nationwide coverage in the Swedish market through its Grolls store network. The company generated approximately SEK 480 million in sales in 2009 and employs approximately 185 people.

Vinge’s team consisted of responsible partner Johan Winnerblad and partner Maria-Pia Hope together with, among others, associates Johan Johansson, Paul Dali and Johan Mattsson. Associate Peter Alstergren provided competition law advice.

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