Vinge has advised Svea Bank AB (the “Company”) in connection with its issuance of SEK 300 million additional tier 1 capital bonds (AT1) with a floating rate interest of 3-month STIBOR + 7.50%.
Vinges advises the EQT X fund (or “EQT Private Equity”) in connection with its investment in the Nordic software companies HVD Group (Hantverksdata) and Next (Next One Technology). Both companies serve the tradespeople and construction industry, with HVD Group focused on installation and service professions – such as electricians, plumbers, heating and ventilation firms – while Next is focused on contractors. HVD Group’s platform complements that of Next, and the investment thus paves the way for a further strengthened product offering, which builds on both companies’ strong customer satisfaction scores.
Vinge has advised Annehem Fastigheter AB (publ) in connection with the acquisition of the property The Corner, a new-build office property in Malmö. The property value amounts to SEK 420 million.
Vinge has advised the principal shareholder Norvestor VI L.P in connection with the public offer by Altor PC AB to the shareholders of Permascand Top Holding AB (publ). Norvestor holds approximately 44.45 per cent of the Permascand shares and has undertaken to accept the offer. The offer values the total number of shares of Permascand at approximately SEK 1,008 million.
Vinge has advised Helix Kapital in conjunction with it becoming a strategic stakeholder in Sacpro AB, a leading supplier and producer of tools and materials for pipe relining in properties. Together with Helix Kapital, Sacpro's founders and management will accelerate the company's growth by focusing on Northern Europe and the US.
Vinge advises Precio Fishbone AB (publ) (”Precio Fishbone”) in connection with the sale of approximately 80.1 per cent of the shares in the subsidiary Precio Fishbone Systems AB ("Omnia"), including the product Omnia Digital Workplace, to Monterro.
Veoneer is the world leader in automotive electronic restraint control systems and has sold more than 1 billion electronic control units and crash sensors. Veoneer’s scalable, best-in-class restraint control systems are saving lives by mitigating the effects of car crashes. In 2023, the company’s products are part of more than 40 scheduled vehicle launches. The company has approximately 2,700 employees in 11 countries.
Vinge has advised Region Uppsala in connection with its issuance of a so-called health impact bond in the amount of SEK 80 million and with a tenor of five years. The health impact bond is the second of its kind in the world and comes after Region Stockholm’s bond which was linked to preventive measures against type 2 diabetes. Skandia was the sole investor and SEB acted as financial advisor and issuing agent.
Vinge advises Altor Funds (“Altor”), the founders and the other sellers in connection with Bain Capital Private Equity (“Bain Capital”), a leading global private investment firm, acquiring a controlling stake in Eleda from Altor, which will reinvest a minority share. Eleda’s founders, Johan Halvardsson and Peter Condrup, and senior executives in Eleda will also reinvest a substantial share. Through the transaction, Altor, Eleda and Bain Capital establish a partnership for future expansion.
Vinge has advised Lagercrantz Group in connection with the acquisition of 97% of the shares in Material Handling Modules Europe AB, a leading Nordic supplier of modularised roller conveyor and pallet handling systems to integrators within the automation industry.
Vinge has assisted Tobii AB in connection with the acquisition of the AutoSense business from Xperi Inc. The transaction accelerates Tobii’s path to leadership in the Automotive Interior Sensing market by combining the capabilities of Tobii and AutoSense.
Stena Sessan AB has announced a recommended public offer to the shareholders of Concordia Maritime Aktiebolag (publ). The offer values all shares in Concordia Maritime at approximately SEK 468 million.
Due Compliance is a software company which enables organisations to comply with the requirements in relation to Money Laundering and Terrorist Financing (Prevention) Act by providing digital tools for AML, KYC and Risk Assessments.
Oxx closes its second fund generation with USD 190 million in commitments from an international investor base, and thereby increases the fund size by 40% since its latest fund announcement.