Vinge has advised Crompton Greaves Ltd in connection with its acquisition of Emotron from Polaris Private Equity. The company's purchase price amounted to EUR 57 800 000. Crompton Greaves is an Indian listed technology company and Emotron manufactures drive systems for electricity driven engines. Crompton Greaves' s acquisition of Emotron is subject to the approval of the German Competition Authority.
Vinge's team advising Crompton Greaves Ltd consisted of partner Magnus Hedsund together with, among others, associates Kristian Ford and Karin Engström. Partner Pär Remmelid and associate Rickard Vernet provided competition law advice. Partner Ingela Malmborg and associate Carl Fahleryd provided employment law advice.