Vinge has advised Bilia AB in connection with the acquisition of Upplands Motor Stockholm AB, a distributor of Mercedes vehicles

July 02, 2021

Vinge has advised Bilia AB (publ) ("Bilia") in connection with the acquisition of Upplands Motor Stockholm AB. The acquired company reported a turnover of approximately SEK 1.2 billion and an operating profit of approximately SEK 48 million for 2020. The acquisition was subject to approval from the Swedish Competition Authority.

Upplands Motor Stockholm AB is an authorized distributor for Mercedes that conducts sales and service operations for Mercedes passenger cars, vans and trucks at four facilities in the Stockholm area. Bilia took possession of the acquired company on 1 July 2021. Upplands Motor Stockholm AB has approximately 250 employees.

Vinge's team primarily consisted of Christian Riddarbo, Linus Adolfsson (M&A), Edin Agic (company law), Hampus Olsson (real estate law), Björn Nicolai (EU and competition law), Anna Backman (employment law and EU and competition law) and Alexander Lindeberg (intellectual property law). Magnus Pauli was the responsible partner.

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

Vinge contributing to International Comparative Legal Guides

Vinge’s specialists within Maritime and Transport law have been requested to contribute with a chapter explaining the Swedish legislative framework in relation to maritime law in the International Comparative Legal Guides, ICLG.
August 20, 2021

New partners and counsels appointed at Vinge’s Stockholm office

Advokat Sofie Bjärtun, advokat Rikard Lindahl, advokat Malin Malm Waerme and advokat Daniel Wendelsson at Vinge’s Stockholm office have been appointed as new partners as of 1 January 2022. The following lawyers have been elected as counsels at Vinge’s Stockholm office: Advokat Stojan Arnerstål, advokat Amanda Knutsson, advokat Jolene Reimerson, advokat Linnéa Sellström and advokat Filip Öhrner.
July 06, 2021