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Mandate

Vinge has advised Nippon Steel & Sumitomo Metal Corporation in connection with the acquisition of Ovako

March 16, 2018 M&A

Vinge has advised Nippon Steel & Sumitomo Metal Corporation (“Nippon”) on its acquisition of Ovako from Triton. Ovako is a maker of special steel with global top level technology regarding high-cleanliness steel for bearing steel and other such products.

The acquisition of Ovako is a strategic supplement to Nippon’s business concept and will strengthen and expand Nippon’s global business and further strengthen their technology, product quality and product development capabilities for special steels and secure a base of manufacturing and sales in Europe.

Vinge’s team consisted of among others Daniel Rosvall and Ulrich Ziche as well as associates Anna Thoms, Hedvig Ekdahl, Edin Agic, Christina Odengran, Peter Issa, Johan Cederblad, Arvid Axelryd, Lisa Sennerby.

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