Mandate

Vinge advises on sale of Absortech International AB

June 15, 2012

Vinge has advised one of the sellers in connection with the transfer of Absortech to PEQ AB and in connection with their reinvestment. Absortech has developed a number of products adapted for containers which absorb moisture from the air and thereby protect the goods in the containers from damp and fungal damage. The company has either directly or through distributors a large number of large international customers throughout the world and its own production facilities in both Sweden and Asia.

Vinge’s team consisted of Anders Strid (M&A) and Raoul Svensson (tax). IMAP acted as the financial advisors to the sellers. 

The Swedish rules on cabotage transport and posting will change on 2 and 21 February 2022

The Swedish government has decided on a number of new rules concerning cabotage transports, combined transports, transport customer responsibility for driving and rest times and posting of workers.
January 21, 2022

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021