Vinge has advised Lyko Group AB (publ) (“Lyko”) in connection with its listing on Nasdaq First North Premier.
The prospectus was published on 30 November 2017 and the trading on Nasdaq First North Premier began on 12 December 2017. The total value of the offering amounted to approximately SEK 281 million assuming that the over-allotment option is fully exercised.
Lyko is an omnichannel platform for hair care and beauty. The operations consist of the websites Lyko.se, one of Sweden’s leading destinations for hair care and beauty products online, Lyko.no and wholly owned stores in Sweden and Norway, amounting to 40, of which 39 with associated salons.
Vinge’s team primarily consisted of partners Jonas Bergström and Dain Hård Nevonen together with associates Joakim Hagberg, Sabina Börjesson and Fredric Reissmüller. Michaela Cronemyr advised on due diligence. Maria Schultzberg and Victor Ericsson advised on tax issues. Albert Wållgren and Lionardo Ojeda advised on financing issues.