Vinge has advised Lifco AB (publ) and its wholly owned subsidiary Sorb Industri AB in connection with its acquisition of the majority of the Norwegian company Cenika AS. Lifco acquires and develops market-leading niche businesses with the potential to deliver sustainable profit growth and robust cash flows. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. The Lifco Group comprises 133 companies in 28 countries. In 2015 the Group reported EBITA of MSEK 1,186 on sales of around BSEK 7.9, with an EBITA margin of 15.0%. Cenika is a leading supplier of low voltage electrical supplies with sales directly to the professional power industry in Norway and Sweden. In 2015, Cenika’s sales amounted to approximately 160 MNOK.
The Vinge team included partner Erik Gabrielson and associate Mattias Sköld.
