Mandate 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).

Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020