Vinge has advised Litorina in connection with the sale of its shareholding in Textilia to the investment fund Accent Equity. Textilia is Sweden’s leading supplier of textile services to the healthcare sector. Members of management and the board of directors will retain their shares and thus continue as major shareholders following completion of the transaction. Completion of the transaction is conditional upon, among other things, approval by the Swedish Competition Authority. Closing is expected to occur at the end of 2014.
Vinge’s team consisted of partner Johan Winnerblad together with, among others, associates Joacim Rydergård, Charlotta Järnstedt and Johan Cederblad (environmental) and paralegal Pernilla Warg.