Mandate Vinge has advised AMF Pensionsförsäkring in connection with the entry into of an agreement concerning the acquisition of 89.9% of Bergvik Skog Öst from BillerudKorsnäs Skog & Industri

June 24, 2019

Vinge has advised AMF Pensionsförsäkring AB in connection with an acquisition of 89.9% of the shares in BSÖ Holding AB, the owner of Bergvik Skog Öst AB, from BillerudKorsnäs Skog and Industri Aktiebolag.

The company was valued at SEK 12.2 billion on a debt‑free and cash‑free basis and covers a total of 363 000 hectares of land of which 295 000 hectares are productive forestry land primarily situated in central Sweden. As a part of the transaction, a long‑term agreement was entered into with BillerudKorsnäs for delivery of timber. The investment is AMF’s first direct investment in forestry.

The transaction is conditional upon approval by the Swedish Competition Authority.

Vinge’s team primarily consisted of Jonas Johansson, Carl Sander and Vilhelm Rondahl (M&A), Assur Badur and Karolina Cohrs (Real Property), Thomas Sjöberg and Johan Cederblad (Environmental) and Mathilda Persson (Commercial Agreements and IT).

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