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M&A: Acquiror's Counsel

Preato Capital and SSNG Holding acquires Sales Support Nordic Group

05 Jan 2016

SSNG Holding, ultimately owned by the Nordic investment firm Preato Capital and certain minority shareholders, has acquired Sales Support Nordic Group from certain individual shareholders.

Sales Support is the leading Nordic field sales company with a turnover of approx. 210 MSEK in 2014. The company represents the principal’s products and brands in the stores, and is focused on positively influencing the consumers’ buying decisions.

VINGE ADVISES SBAB IN CONNECTION WITH ACQUISITION OF BOOLI

05 Jan 2016

Vinge has advised SBAB in connection with the acquisition of the entire issued share capital in Booli Search Technologies AB (“Booli”). Completion in respect of 67% of the shares will take place in January 2016 and it is intended that the remaining 33% will be acquired subsequently. Booli develops products and services directed to the housing market.

Vinge advises EQT VII in its acquisition of Eton Group AB

04 Jan 2016

Vinge advises EQT VII in its acquisition of Eton Group AB and its subsidiaries in Sweden, the US, Canada and the UK (together “Eton”) from Litorina IV and a number of minority shareholders. Founded in Gånghester, Sweden, in 1928, Eton is today a global premium men’s shirts brand, offering shirts and directly linked accessories. Eton primarily sells through department stores, complemented with five own brand stores and its own online store. Eton is still headquartered in Gånghester and has approximately 155 employees across the world.

Vinge advises Latour in the acquisition of Neuffer

04 Jan 2016

Vinge advises Latour in the acquisition of 66.1 percent of the shares in Neuffer Fenster + Türen GmbH in Stuttgart, Germany. Neuffer Fenster + Türen sells windows and doors online through its established e-commerce portals. Latour and the founder Philipp Neuffer will jointly continue to drive the growth of the company, e.g., through geographical expansion.

Vinge’s team consists of Fredrik  Sonander, Matthias Pannier and Ulrich Ziche (all corporate).

Litorina partners with KungSängen

04 Jan 2016

Litorina IV L.P. (Litorina IV) has become the new majority owner of KungSängen Produktion AB (KungSängen). KungSängen manufactures and sells beds and bedroom accessories and was previously wholly owned by the Gustafsson family who will retain a 25 per cent ownership.

KungSängen was founded in 1998 and has an annual turnover of approximately SEK 300 million.

Clifford Chance advises Thai Union on the acquisition of Rügen Fisch

04 Jan 2016

Clifford Chance has advised Thai Union Group Public Company Limited (TU), Thailand, the world's largest self-stable tuna processor and owner of some internationally leading seafood brands on the acquisition of a majority stake in Rügen Fisch AG. Rügen Fisch is one of the leading producers of shelf-stable canned seafood in Germany. The current shareholders will stay in the company and will continue its successful development together with Thai Union.