Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. VINGE ADVISES OPUS GROUP ON THE SALE OF OPUS EQUIPMENT
Mandate

VINGE ADVISES OPUS GROUP ON THE SALE OF OPUS EQUIPMENT

June 22, 2015

Vinge has advised Opus Group AB (publ), listed on NASDAQ Stockholm, in connection with the sale of all shares in Opus Equipment AB to Meca Scandinavia AB, which is part of the Mekonomen Group. Opus Equipment and its subsidiary have a turnover of approximately SEK 135 million and have approximately 70 employees most of whom are based in Sweden although some employees are stationed at a production facility in China. The purchase price amounts to SEK 51 million on a cash and debt free basis. Closing is expected to take place on1 July 2015.

Vinge’s team consisted of responsible partner Anders Strid together with, among others, Frida Bäckegren (M&A), Hampus Wikerstål (IP), Joel Zetterström (IT), and Jonas Lindblad (employment).

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