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Vinge advises on industry transaction

June 29, 2010

Vinge has advised Swedwire Förvaltnings AB in connection with the sale of its subsidiary Swedwire AB to Lagerkrantz Group AB.

Swedwire develops, manufactures and markets niche steal products such as bracing wires and crash barrier wires, wire for reinforcing submarine cables and power lines. In 2009, Swedwire’s turnover amounted to approximately SEK 80 million with good profitability. The company conducts its operation in Varberg. Lagerkrantz Group AB is a technology trading company focusing on electronics, electricity, communications and related areas. Lagerkrantz Group’s shares have been listed on Nasdaq OMX Stockholm since 2001.

Vinge’s team consisted of Magnus Pauli and Emma Kero Ljungberg.

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