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VINGE ADVISES SWEGON

July 10, 2014

Vinge has advised Swegon in connection with the acquisition of 90 per cent of the shares in the Belgian airflow technology company P. Lemmens from the current shareholders Waterland Private Equity and Stephan Lemmens. P. Lemmens has 59 employees and had a turnover of EUR 26 million in 2013. P. Lemmens largest product segment is total airflow control within an integrated electronic control system. The other product segments include fans, ventilation and heat recovery products.

Swegon is part of the Latour Group and is a market leading producer and supplier of energy efficient ventilation and climate systems. Swegon has 1 650 employees and a turnover of SEK 3.3 billion.

Vinge’s team consisted of partner Magnus Pauli and associate Daniel Lennartsson.

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