Vinge has advised Nordic Nest Group AB, a company within the BHG Group, in connection the asset acquisition of KitchenTime’s brand and inventory for a total price of up to SEK 65 million. Closing is estimated to take place on 1 april 2024.
Nordic Nest is currently the Nordic Region’s market-leader within the premium segment as a whole through the brands Nordic Nest and Svenssons. KitchenTime is one of the market-leaders in the Nordic Region within kitchen, cooking and lighting products, which are markets and product categories within which Nordic already has a leading position.
Vinge’s team primarily consisted of Kristian Ford and Niklas Törnell (M&A) as well as Emelie Svensäter Jerntorp (employment law).
