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 assisted PulPac in connection with it obtaining a €20 million financing from the European Investment Bank

Vinge has assisted Gothenburg-based sustainable packaging technology company PulPac in connection with it obtaining a €20 million (around 220 million Swedish kronor) financing from the European Investment Bank (EIB).
July 18, 2025

Vinge has advised Behold Ventures in the fundraising of Behold Ventures’ first-time fund

Behold Ventures held its final closing on 27 June 2025, thereby securing investor commitments to its first-time fund amounting to approximately SEK 550 million from an international investor base, comprising the European Investment Fund (EIF), among others.
July 10, 2025

Vinge advises Main Capital in connection with the sale of Alfa eCare

Vinge has advised Main Capital in connection with the sale of Alfa eCare Holding AB and its subsidiaries (“Alfa eCare”) to SDB Groep B.V. (“SDB”)
July 10, 2025