Mandate

Vinge advises the Private Equity-fund SSVP on acquisition of EuroMaint

October 26, 2016

Vinge is advising SSVP, a fund advised by Private Equity advisor Orlando Nordics, in connection with the acquisition of all the shares in EuroMaint Gruppen AB (“EuroMaint”) from Ratos AB (publ.).

EuroMaint is a leading independent maintenance provider for the Swedish rail transport industry, and has a network of workshops from Luleå in the north to Malmö in the south of Sweden. EuroMaint head office is located in Solna, Sweden and the company has approximately 1050 employees. The transaction is conditional upon approval from competition authorities.

Vinge’s team includes, inter alia, Magnus Hedsund, Anna Edström, Kristoffer Franzkeit, Jessica Salomonsson (M&A), Mathias Lindquist (environmental law), Maria Schultzberg (tax) and Fabian Ekeblad, Adam Sandberg and Josefine Lanker (financing).

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