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Vinge advises Presto and Adelis on acquisition of Cupola

January 14, 2021

Vinge has advised Presto and funds managed by Adelis in connection with Presto’s acquisition of Cupola, one of Sweden’s largest fire safety companies with business all over the country.

The acquisition of Cupola strengthens Presto’s position as the leading player within fire safety in the Nordic region. Presto has also, in connection with the acquisition, made a refinancing of its outstanding credit facilities.

The Vinge team advising on the transaction has included, inter alia, partner Christina Kokko with the associates Michaela Cronemyr and Hanna Risberg (M&A) and partner Albert Wållgren with the associates Josefine Lanker and Jolinn Uhlin (financing).

Renewable energy – The Council agrees on a temporary emergency regulation

In the beginning of November, the European Commission put forward a proposal regarding a framework to accelerate the deployment of renewable energy, with the ambition to speed up the transition to green energy and reduce the EU’s dependency on Russian fossil fuels. In line with the conclusions of the European Council at the end of October, the European Commission considers that the ongoing energy crisis requires immediate action to transpose parts of the REPowerEU plan, and therefore proposes to adopt a Council Regulation using Article 122(1) of the Treaty of the Functioning of the European Union (TFEU) as legal basis.
December 06, 2022

REPowerEU – The European Parliament and the Council have assumed their standpoints

In May 2022, the Commission presented its proposal regarding REPowerEU. The purpose of the plan, which is based on the "Fit for 55" parcel , is to change Europe’s energy system by eliminating the EU’s dependency on Russian fossil fuels as well as to tackle the climate crisis. The European Parliament and the Council have now adopted their positions in order to incorporate the plan into the national recovery and resilience plans.
November 29, 2022

Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

International companies run the risk of the erroneous management of tax issues when conducting operations in several jurisdictions. In such event, disputes can arise with the relevant tax authorities. The Legal 500 has now introduced a dedicated chapter on tax disputes in its comparative guide for the first time and Ulrika Bengtsson, advokat and counsel, has been selected to provide a clear picture of the Swedish tax litigation system.
November 09, 2022

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