Vinge is advising Industrifonden in connection with the disposal of all shares in the children’s shoes company, Vincent Shoe Store AB, which designs and sells a complete collection of children’s shoes under its own trademark. The purchaser is Wonderful Times Group AB (publ), one of the Nordic region’s leading distributors of children’s products. Under the agreement, the acquisition will be effected through an issue in kind of 18 million shares in Wonderful Times, which is conditional upon an extraordinary general meeting adopting a resolution concerning the consideration shares. At present, Vincent Shoe Stores AB is primarily owned by Kattvik Financial Services AB and Industrifonden, which will acquire a significant holding in Wonderful Times as a result of the transaction.
Vinge’s team consisted of responsible partner Johan Larsson and associate Jonas Johansson.