Mandate Vinge advises Taiyo Nippon Sanso corporation and Matheson Tri-Gas on the acquisition of the swedish part of Praxair’s european industrial gas business

July 10, 2018

Vinge advises Japanese industrial gas producer Taiyo Nippon Sanso Corporation (TNSC) and its subsidiary Matheson Tri-Gas (MTG) on the acquisition of the Swedish part of Praxair's European industrial gas business.

The transaction expands TNSC's global presence and represents its entry into the European market. The purchase price for Praxair's European industrial gas business amounts to approximately EUR 5 billion.

The transaction is subject to the successful completion of the Praxair and Linde merger and the fulfilment of antitrust conditions. In order to obtain the approval of the European Commission and the U.S. Federal Trade Commission, Linde and Praxair have to sell European and non-European assets. Praxair will continue to operate these businesses until the completion of the merger. The transaction is expected to close in the second half of 2018.

Vinge’s team consists of Matthias Pannier together with associates Karl Klackenberg, Carl Sander and Boris Kotur. 
 

Compliance policies and dawn raid manuals should be revised in light of amendments to the Swedish Competition Act

As previously described, the Swedish Competition Act (2008:579) will be amended in several important respects on 4 February 2021. We recommend that you revise your current compliance policies and manuals for dawn raids to ensure adherence with the new rules.
November 25, 2020

Jerker Kjellander is a new partner in Skåne

Dispute resolution expert Jerker Kjellander has been elected as a partner in Vinge’s Skåne office.
November 20, 2020

Amendments to the Swedish Competition Act provide extended powers for the Swedish Competition Authority

Early in 2021, the Swedish Competition Act (2008: 579) will be amended in several important respects. The background to the amendments is Directive (EU) 2019/1 of the European Parliament and of the Council, which aims to harmonize the investigative and sanctioning powers of the European competition authorities in their enforcement of the EU competition rules. Undertakings active in Sweden will be affected by the amendments in several ways.
October 12, 2020