Vinge acts as lead counsel to Orkla in connection with its acquisition of Cederroth
Vinge advises and has acted as lead counsel for Orkla ASA in connection with its acquisition of the hygiene- and health care company Cederroth Intressenter AB. The sellers are funds managed by CapMan and Litorina, together with senior management and other minority shareholders. The purchase price is SEK 502 million, thus valuing the entire Cederroth group (on a debt-free basis) at SEK 2,015 million. The transaction is subject to the approval of the relevant competition authorities and is expected to be completed no later than Q3 2015.