Vinge has advised Aktiebolaget Svensk Bilprovning in connection with the disposal of Besiktningskluster 1 AB to Opus Group AB (publ). Besiktningskluster 1 AB owns around 1/3 of Bilprovningen’s network of inspection stations and the disposal is part of the reregulation and competition exposure of the Swedish vehicle inspection market. Opus Group AB (publ) is listed on First North Premier (NASDAQ OMX) and develops, produces and sell products and services for, inter alia, vehicle inspections and repair workshops, and operates mandatory vehicle inspection programs in a number of countries. The purchase price amounts to approx. MSEK 375. The transaction is subject to, inter alia, accreditation approval.
The Vinge team was led by Carl Gustaf De Geer, Daniel Rosvall and Peter Sundgren and included lawyers from a number of practice areas such as M&A, Banking & Finance, EU &Antitrust, IT, Employment & Benefits, Real Estate, Intellectual Property and also entailed regulatory issues regarding the motor vehicle inspection legislation.