Mandate

VINGE ADVISES WILLIS IN ACQUISITION OF MAX MATTHIESSEN

June 13, 2014

Vinge assists global risk adviser, insurance and reinsurance broker Willis Group Holdings plc in connection with its acquisition of a controlling stake in Max Matthiessen. Willis acquires approximately 75 % of the Swedish employee benefits advisor for approximately SEK 1.357 billion from Altor Fund III (50 %) and employees (25 %). Approximately 25 % is retained by employees.
 
Willis is listed on NYSE and operates on every continent with more than 18,000 employees in over 400 offices. Willis Sweden has 140 employees in four offices and is headquartered in Stockholm.
 
Max Matthiessen operates in retirement savings, health plans and personal insurance. The company has around 420 employees in 23 locations across Sweden. Gross turnover in 2013 exceeded SEK 1 billion. The combined business of Willis and Max Matthiessen will create the biggest risk adviser and broker in the Nordic region.
 
The acquisition is conditional upon customary regulatory approvals and conditions to closing.
 
Vinge’s team consisted of among others responsible partner Carl Gustaf De Geer, partner Malin Ohlin, project manager Peter Sundgren and associates Filip Brosset and Sofie Bjärtun (M&A), as well as associates Axel Hedberg (financial regulatory), Nina Farrahi (compliance), Emil Fahlén Godö (competition law) and Evelina Tejle (employment law).

 

Vinge’s experts provide an insight into Swedish maritime law in the latest edition of International Comparative Legal Guide – Shipping Law 2022

Vinge’s experts in martime and transport law have again contributed to the Swedish chapter on maritime law in the International Comparative Legal Guides (ICLG).
August 10, 2022

Sanctions update 22 July

Further to our previous sanctions updates of 25 February, 3 March, 11 March, 16 March , 14 April and June 8, we herewith provide a further update of recent sanctions developments following Russia’s war against Ukraine:
July 26, 2022

A new EU instrument for international procurement (IPI)

On 17 June 2022, the Council adopted a regulation on a new instrument for international procurement (“IPI”), following the formal adoption of the IPI at the European Parliament plenary session on 9 June 2022. The general objective of the IPI is to create reciprocity in the access to international public procurement markets by enabling the Commission to undertake investigations and adopt measures to open and improve access to third-country public procurement and concession markets.
July 11, 2022