Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises TeleComputing in connection with acquisition of Advance
Mandate

Vinge advises TeleComputing in connection with acquisition of Advance

June 01, 2016

Vinge and the Norwegian law firm Wiersholm have advised TeleComputing, a portfolio company of the IK VII fund, in connection with the acquisition of HC Advance Group AB.

Advance is a fast growing IT operations company based in western Sweden which, since its establishment in 2001, has grown into a successful IT operations supplier specializing in the healthcare sector, although the company’s client base also includes SMEs. Following the acquisition, the TeleComputing group will have approximately 1,000 employees, with more than half of these employees in Sweden.

Vinge’s team consisted of, among others, partner Jonas Bergström together with associates Joacim Rydegård, Carl Sander, Sara Strandberg and Jasmin Draszka-Ali.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021