Mandate

Vinge advises Litorina V and the JOHBECO Group in connection with the acquisition of Arvo Kokkonen Oy

September 30, 2019

Arvo Kokkonen Oy is a leading Finnish distributor of fresh produce with a focus on fish and shellfish.

The Swedish fresh produce group JOHBECO, consisting of, among others, Johan i Hallen and Bergfalk & Co, has strengthened its position in Finland through the acquisition of the Finnish fish and shellfish specialist Arvo Kokkonen Oy. Thanks to the partnership, Arvo Kokkonen can now offer its customers in Finland a full range of high quality fresh produce, including meat and charcuterie.

Vinge’s team consisted of partners Jonas Johansson and Matthias Pannier together with, among others, associates Carl Sander and Vilhelm Rondahl (M&A). Partner Louise Brorsson Salomon and associate Lionardo Ojeda advised on financing.

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Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

International companies run the risk of the erroneous management of tax issues when conducting operations in several jurisdictions. In such event, disputes can arise with the relevant tax authorities. The Legal 500 has now introduced a dedicated chapter on tax disputes in its comparative guide for the first time and Ulrika Bengtsson, advokat and counsel, has been selected to provide a clear picture of the Swedish tax litigation system.
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The wide reach of the prohibition against circumventing EU sanctions

Against the background of Russia’s invasion of Ukraine, the EU has imposed a number of sanctions, which include a prohibition for companies within the EU to take certain measures in relation to Russia, as well as designated Russian people and entities on the sanction lists. Furthermore, a prohibition to circumvent the sanctions has been introduced in order to ensure that the sanctions are effective also in practice. When it comes to this circumvention prohibition, it is important to be aware of its wide interpretation, as established by the Court of Justice of the European Union and the European Commission.
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