Mandate

Vinge advises on acquisition of the Frösunda Group

May 03, 2010

Vinge has advised HgCapital in connection with the acquisition of Frösunda LLS AB and its subsidiaries from Polaris Private Equity Fund II and certain minority shareholders. HgCapital’s team was led by Carl Harring.

The transaction is subject to competition law clearance.

The Frösunda Group is the leading private sector personal care provider to people with functional impairments in Sweden with operations in approximately 40 cities and the group has approximately 3700 employees.

Vinge’s team was led by Malin Leffler (responsible partner) and Martin Hall (project manager) and included associates Jonas Bergström, Johan Cederblad, Daniel Unger, Åsa Gotthardsson, Mårten Svensson and Adam Weissbach. Partner Mikael Ståhl was responsible for acquisition financing, assisted by associates Louise Brorsson Salomon and Sofia Graflund. Peter Alstergren provided competition law advice.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021