Mandate

Vinge has advised Fortum in connection with the divestment of its recycling and waste business

Vinge, alongside among others Castrén & Snellman, has advised Fortum in connection with the divestment of its recycling and waste business to Summa Equity through its portfolio company NG Group. The debt free purchase price is approximately EUR 800 million.

The recycling and waste business subject to the divestment comprises municipal and industrial waste management and recycling services for handling and recycling of plastics, metals, ash, slag and hazardous waste.  The businesses are located in Finland, Sweden, Denmark and Norway and currently employ approximately 900 employees. 

Vinge’s team mainly consisted of Peter Sundgren and Gustav Wahlberg (M&A), Johan Cederblad and Lina Österberg (Environmental), Martin Boström and Elis Allmark (Corporate Commercial), Sam Seddigh and Agnes Pigg (Employment), Linn Adelwald and Karl-Gustaw Tobola (Banking & Finance), Frida Ställborn (Real Estate) and Daniel Wendelsson, David Olander, Dagne Sabockis and Lovisa Lewin (Regulatory)

Related

Vinge has advised Eleda in connection with the acquisition of Nordic Infrastructure Group AS (“Qben Rail”)

Qben Infra AB and ININ Group AS, which is majority owned by Qben Infra AB, have entered into a share purchase agreement with Eleda through Eleda’s subsidiary Eleda Norge AS (“Eleda”), to divest the Qben Rail platform to Eleda for a total enterprise value of up to NOK 850 million, including an earn out of up to NOK 65 million. Completion of the transaction is subject to customary closing conditions, including approval from the Swedish Inspectorate of Strategic Products and the Norwegian Competition Authority.
October 17, 2025

Vinge advises FAM AB on the acquisition of Aktiebolaget Näckström

Vinge has advised FAM AB on its acquisition of Aktiebolaget Näckström from Vectura Fastigheter AB. The principal assets of Aktiebolaget Näckström comprise the property Stockholm Näckström 6 (Arsenalsgatan 8) and Villa Täcka udden.
October 16, 2025

Vinge has advised FAM in connection with its investment in GreenIron

Vinge has advised FAM AB, owned by the Wallenberg Foundations, in connection with its investment in GreenIron H2 AB. Through the round, GreenIron raised in total SEK 125 million in additional funding from existing shareholders, with FAM now becoming the company’s largest owner.
October 16, 2025