Mandate

Vinge assists Kesko and Onninen in divestment

March 20, 2019

Vinge assists Kesko Oyj and its wholly-owned subsidiary Onninen AB in the divestment of Onninen's HEPAC operations to Solar Sverige AB. 

The divestment is subject to standard closing conditions such as approval by the Swedish Competition Authority. 

Vinge's team consists of counsel Ulrich Ziche and among others associates Filip Brosset, Sebastian Örndahl, Kristoffer Larson, Sara Strandberg, Victor Berg and Hanna Risberg and VDR-specialist Sofie Sundin. 

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