Vaiva Eriksson

TM & Partners has assisted Atlas Copco Industrial Technique AB in connection with the acquisition of Swed-Weld

TM & Partners has assisted Atlas Copco Industrial Technique AB in connection with the acquisition of AB Swed-Weld Fides, a Swedish provider of smart automated screw and nut feeding systems with a focus on the automotive industry.

For more information regarding the transaction, please see the press release:

https://www.atlascopcogroup.com/en/media/corporate-press-releases/2024/20240702-acquisition-swedweld

Our team consisted of:

Vaiva Eriksson | Partner | M&A
Tom Bovaller | M&A
Lovisa Björk | M&A
Emma Ström | M&A
Carl Östlund | Employment law
Vilma Hansson | Employment law
Andreas Sahlstedt | Real Estate

We have advised Lantmännen ek för in connection with the restructuring of Lantmännen Biorefineries

We have advised Lantmännen ek för, the leading agricultural cooperative in Northen Europe, in connection with the merger of Lantmännen Agroetanol AB, Lantmännen Oats AB and Lantmännen Reppe AB into one single company – Lantmännen Biorefineries AB.

Following the merger, which took place in several stages, the abovementioned operations will be carried out under the joint company name Lantmännen Biorefineries, with presence in Lidköping, Norrköping and Kimstad.

Please read more here.

Our team consisted of:

• Vaiva Eriksson (Partner, M&A)
• Jens Haneklint (Partner, Real Estate)
• Louise Warvsten (Associate, M&A)
• Tom Bovaller (Associate, M&A)
• Carl Östlund (Senior associate, Employment law)

Legal advisor to Team Olivia in connection with sale to Attendo

We advise Team Olivia in connection with the sale of Team Olivia’s Swedish care division, including the operations within Individual & Family and Home Care business, to Attendo. The division, which in the transaction is valued at SEK 950 million on a cash and debt free basis, includes appr. 120 care units with close to 3,000 employees, with annual sales of appr. SEK 1,350 million.

The transaction is subject to customary conditions and approvals and is expected to close in the beginning of 2024.

Team Olivia’s main owner is Procuritas Capital Investors IV GP Ltd.

Our team consists of:

• Sten Hedbäck (Partner, M&A)
• Vaiva Eriksson (Partner, M&A)
• Fredrik Gustafsson (Partner, Tech)
• Anna Jerndorf (Partner, Employment Law)
• Arvid Riemer (Associate, M&A)
• Johan Mörlin (Associate, M&A)
• Tom Bovaller (Associate, M&A)
• Lovisa Björk (Associate, M&A)
• Louise Warvsten (Associate, M&A)
• Carl Östlund (Senior Associate, Employment Law)
• Vilma Hansson (Associate, Employment Law)
• Amela Balijaj (Senior Associate, Real Estate)
• Johan Aronsson (Senior Associate, Real Estate)
• Erik Woodcock (Senior Counsel, Tech)
• Alexandra Rosell (Senior Associate , Tech)
• Carolin Von Oelreich (Senior Associate, Banking and Finance)
• Mikaela Nordh (Senior Associate, Banking and Finance)
• Anastasia Lindström (Associate, Banking and Finance)

For more information, please contact Sten Hedbäck:
E-post: sten.hedback@tmpartners.se
Tel: +46 76 00 283 05

TM & Partners has served as Swedish legal counsel to OpSec Security

TM & Partners has served as Swedish legal counsel to OpSec Security in connection with the acquisition of Zacco, a leading intellectual property (IP) management company.

OpSec Security is a world leader in brand authentication and integrity with a heritage that spans four decades. OpSec serves many of the world’s leading brand owners, licensors, and media rights owners and are an innovator in addressing brand value and vulnerability across physical and digital domains. They are also a provider of high-security and compliance solutions to governments.

TM & Partners’ team consisted of :

• Vaiva Eriksson (Partner, M&A)
• Anna Jerndorf (Partner, Employment)
• Sara Jacobson (Associate, M&A)
• Lovisa Björk (Associate, Employment)
• Arvid Riemer (Associate, M&A)
• Amela Balijaj (Senior Associate, Real Estate)
• Alexandra Rosell (Senior Associate, Tech)

TM & Partners has assisted Responda Group AB and its owners

TM & Partners has advised Responda Group AB in connection with the acquisition of all shares in Personlig Svarsservice Sweden AB, and the owners’ subsequent divestment of all of their shares in Responda Group AB to IK Small Cap III.

Responda Group AB is an industry leading answering and customer service partner for businesses and organisations, specialising in customised service solutions in both the private and public sectors.

TM & Partners’ team consisted of :

• Vaiva Eriksson (Partner, M&A)
• Anna Elheim Sylten (Senior associate, M&A)
• Sofia Lindh (Senior associate, M&A)
• Louise Warvsten (Associate, M&A)
• Arvid Reimer (Associate, M&A)
• Lovisa Björk (Associate, M&A)
• Erik Woodcock (Senior counsel, Tech)

TM & Partners has assisted Fuud in connection with the signing of agreements regarding the acquisition of GI-boxen and Foodbox

TM & Partners has assisted FUUD AB (publ) in connection with the signing of agreements regarding the acquisition of all shares in GI-boxen Sweden AB and Foodbox Scandinavia AB.

GI-boxen is a fast-growing company in E-commerce of healthy food. GI-boxen sells a selection of nutritious and tasty frozen ready-made dishes with a balance of proteins, natural fats and healthy carbohydrates. Foodbox is a company within the segment of exercise and health with over 450 retailers in Sweden. The company sells a selection of 13 healthy ready-made dishes, which are sold in the company’s own freezers in gyms, sports halls and other training facilities across the country. The dishes are created to promote an active life for those who want to feel good and get in shape.

For further information, please see press release.

TM & Partners’ team was led by partners Vaiva Eriksson and Johan Wigh, assisted by associates Sofia Lindh, Tom Bovaller, Philip Bihl, Jacob Elovsson Hultin, Sara Jacobson, Cecilia Bergman, Markus Ellström and Alexandra Rosell.

TM & Partners has advised Zaver (Frink AB) in connection with capital raising

TM & Partners has advised fintech company Zaver in connection with a MSEK 114 funding round. The investors include Fredrik Österberg and Jens von Bahr (co-founders of Evolution Gaming), Magnus Rausing (Tetra Pak heir), the Wattin family via Inbox Capital, Joen Bonnier (partner at Atomico), Tom Dinkelspiel, Bo Mattsson (founder of Cint) and Fabian Hielte, Maximilian Hobohm and Johannes Hobohm (co-owners of the Ernström group).

Zaver develops next-generation digital payment solutions that allow enterprises to offer their customers cardless direct payments and BNPL (Buy Now Pay Later). The company is a Swedish payment institution under the supervision of the Swedish Financial Supervisory Authority.

TM & Partners team comprised partners Vaiva Eriksson and Eva Sundling and associate Jacob Elovsson Hultin.

For press coverage see articles in Dagens Industri and Breakit.

TM & Partners has advised Frill Holding AB (publ) in connection with the acquisition of all shares in JUICA Sverige AB and B8 SVERIGE AB (Beijing8)

Juica produces and sells organic, additive-free, cold-pressed and unpasteurized fruit and vegetable juices under the brands Juica and Juicekultur. The company’s products are sold in the FMCG (Fast Moving Consumer Goods) and service sectors, to hotels, restaurants and catering business as well as through own and external e-commerce channels. For more information about the acquisition of Juica, see press release.

Beijing8 produces and sells dumplings and related products, including sauces, beverages and cooking utilities. The products are sold in the FMCG (Fast Moving Consumer Goods) sector and own restaurants in the Nordic region. In 2020, the company produced and sold over 6 million dumplings, making it one of the largest brands of dumplings in Europe. For more information about the acquisition of Beijing8, see press release.

TM & Partners’ team consisted of partners Vaiva Eriksson and Sandra Broneus and associates Philip Reznik, Tom Bovaller, Philip Bihl, Jacob Elovsson Hultin, Cecilia Bergman, Andreas Sahlstedt and Mark Gebert.

TM & Partners has assisted Frill Holding AB (publ) in the acquisition of Kling Homie and Nathalie’s Direct Trade, as well as a directed convertible issue

TM & Partners has assisted Frill Holding AB (publ) in the acquisition of all shares in Kling Homie AB and Nathalie’s Direct Trade AB, as well as a directed convertible issue of a maximum SEK 85 million.

Kling Homie is a fast-growing Swedish lifestyle brand that works to optimize diet and health. The company’s product range, which includes nutritional supplements, functional and energy drinks, dietary supplements and other health products, is sold at over 700 retailers, including some of Sweden’s major e-commerce platforms and food chains.

Nathalie’s Direct Trade markets and sells healthy snacks that the company buys directly from farmers in Colombia. Nathalie’s Direct Trade is a member of the UN program UNDP – Business Call To Action. In 2020, the company grew by 72 percent.

To finance the acquisitions and a continued strong expansion, Frill has decided to raise a convertible loan in a maximum amount of SEK 85 million through a directed issue of convertibles to a number of qualified investors.

For more information about the acquisitions and the convertible issue, see press release.

TM & Partners’ team was led by:

• Vaiva Eriksson (Partner)
• Sandra Broneus (Partner)
• Philip Reznik(Associate)
•  Tom Bovaller (Associate)
• Philip Bihl (Associate)
• Jacob Elovsson Hultin (Associate)

TM & Partners advises Posti group on divestment of Posti Messaging Scandinavia to Ropo Capital

TM & Partners has advised Posti Group in connection with the divestment of Posti Messaging Scandinavia to Ropo Capital, a portfolio company to Adelis Equity. Posti Messaging Scandinavia is a major provider of high-volume multichannel transaction flows in Sweden and Norway, with net sales in 2019 of approximately EUR 38 million and around 100 employees.

TM & Partners’ team was led by Vaiva Eriksson (Partner, M&A) and comprised Mikael Ahlberg (Associate, M&A), Emma Borg (Associate, M&A), Anna Bjurell (Senior Associate, M&A), Lisa Ericsson (Counsel, Employment), Fredrik Gustafsson (Partner, Tech) and John Park (Associate, Tech).

TM & Partners has advised in connection with the merger between Norra Skogsägarna and Skogsägarna Norrskog

TM & Partners has advised in connection with the incorporation of Skogsägarna Norra Skog ekonomisk förening by merger between the Norra Skogsägarna and Skogsägarna Norrskog. Through the merger, Sweden’s largest forest-owner association by land area has been established, covering more than half of the area of Sweden. The association, with an estimated annual turnover of approximately SEK 4 billion, has around 28,000 members and more than 500 employees.

TM & Partners’s team comprised:

• Vaiva Eriksson
• Bo Thorstorp
• Mikael Ahlberg
• Sofia Lindh

TM & Partners has advised Posti Group in connection with the acquisition of Aditro Logistics

TM & Partners has advised Posti Group Oyj in connection with the acquisition of Aditro Logistics Holding AB from Valedo Partners Fund II AB.

Posti is the leading postal and logistics service company in Finland with net sales in 2018 of approx. EUR 1.6 billion and approx. 22,000 employees. The acquisition of Aditro Logistics strengthens Posti’s presence in the Nordics and the Baltic Sea region and increases its growth within logistics services.

Aditro Logistics offers a broad portfolio of logistics services such as warehousing, staffing and transportation services. The group has six warehouses in Sweden and one in Norway, with a total of approx. 230,000 m2 of storage space, approx. SEK 1.1 billion in net sales and approx. 1,100 full-time employees.

Törngren Magnell’s consisted of:

• Vaiva Eriksson (Partner, M&A)
• Sten Hedbäck (Partner, M&A)
• Mikael Ahlberg (Associate, M&A)
• Bruce McGinn (Counsel, M&A)
• Lisa Ericsson (Counsel, Employment)
• Fredrik Gustafsson (Partner, Tech)
• John Park(Associate, Tech)
• Johan Aronsson (Associate, Real Estate)
• Marcus Kern Fahlander (Associate, Banking & Finance)
• Sara Jacobson (Associate, M&A)
• Jacob Elovsson Hultin(Associate, M&A)

Törngren Magnell has advised the seller in connection with the sale of Re-board Technology AB to investment company Karnell

Törngren Magnell has advised the seller in connection with the sale of Re-board Technology AB to investment company Karnell. Re-board is a manufacturer of a uniquely strong paper sheet material with its factory based in Norrköping.

Törngren Magnell’s team comprised:

• Vaiva Eriksson (Partner)
• Philip Reznik (Senior Associate)
• Lisa Ericsson (Counsel)
• Carl Östlund (Associate)

Törngren Magnell has advised management in connection with Accent Equity 2017’s acquisition of Scandinavian Cosmetics Group

Törngren Magnell has advised management of Scandinavian Cosmetics Group (SCG) in connection with the acquisition of SCG by Accent Equity 2017 from Aurelius Group. SCG is a leading Nordic brand management company within high-end make up, fragrances, skin care, hair care and beauty tools. In 2018, the SCG group had net sales in excess of SEK 1.0 billion.

Törngren Magnell’s team consisted of Vaiva Eriksson, Lisa Ericsson and Anna Bjurell.

Törngren Magnell assisted in the unique financial rescue and sale of the Ving Group

Törngren Magnell has assisted the sellers in connection with the financial rescue of Ving and its affiliated companies Spies, Tjäreborg and Thomas Cook Airlines Scandinavia and the sale of the Nordic unit from the Thomas Cook Group to a consortium of buyers consisting of Strawberry Equities AS (Petter Stordalen), Altor Fund V and TDR Capital.

The deal has been complex, and in many respects unique. It has entailed a simultaneous sale of a combination of shares and businesses in six countries in the Nordics and southern Europe, where certain of the businesses have been the subject of transfer following a bankruptcy declaration of the legal units.

The deal secures a strong and long term Nordic ownership of the Ving Group with in total 2,300 employees in Ving, Spies, Tjäreborg and Thomas Cook Airlines Scandinavia, whose employment have thereby been secured and that the 400,000 people who have already booked autumn, winter and summer vacations through Ving, Spies, Tjäreborg and Globetrotter now can complete their trips. Through the financial reconstruction the new owners and other financiers will secure access to appr. SEK 6 billion in liquidity and guarantees.

Törngren Magnell’s team was led by:

• Vaiva Eriksson (Partner, M&A)
• Peter Törngren (Partner, Restructuring & Insolvency)
• Sten Hedbäck (Partner, M&A)
• Anna Bjurell (Senior Associate, M&A)
• Sofia Lindh (Associate, M&A)

Norvestor has divested Nomor to ServiceMaster

Törngren Magnell has asssisted Norvestor VI L.P. in connection with the sale of Nomor Holding AB to ServiceMaster Global Holdings, Inc. for a purchase price of appr. USD 200 million.

Nomor is the second largest pest control company in Sweden and Norway operating nationwide within three service areas; Pest control, Food safety and Home & House. Customers include among other insurance companies, property owners, municipalities and the HoReCa industry.

Törngren Magnell advised Norvestor in connection with its acquisition of Nomor in May 2014 and supported Nomor in connection with its nine strategic acquisitions in Norway and Sweden. During Norvestor’s ownership sales have increased from appr. SEK 104 million to appr. SEK 500 million.

Törngren Magnell’s team consisted of Sten Hedbäck (partner, M&A), Vaiva Eriksson(partner, M&A), Bruce McGinn (counsel, M&A), Philip Reznik (associate, M&A), Carl Östlund(associate, M&A), Emma Borg (associate, M&A), John Park (associate, M&A), Cecilia Bergman(associate, Employment), Catharina Danielsson (associate, Real Estate) and Carolin von Oelreich (associate, Banking & Finance).

Törngren Magnell assisted in the sale of Robust AB

Törngren Magnell has advised Norvestor VI L.P. in connection with the sale of Robust AB to Novoferm

Robust is a market-leading security and fire-resistant steel door manufacturer operating in Sweden, Norway and the UK. Robust specialty is high performance security doors for apartments as well as stable fire doors for homes, industry and public environments. The manufacture of steel doors takes place in the factories located in Nykroppa and Stoke-on-Trent. Robust has approximately 175 employees with a turnover of approximately SEK 310 million.

Törngren Magnell’s team was led by Sten Hedbäck and Vaiva Eriksson and included Philip Reznik and Emma Borg.

Törngren Magnell has advised Norvestor on its acquisition of Xllnc

Törngren Magnell has advised Norvestor VII L.P., a fund managed by Norvestor Equity AS, in connection with its acquisition of Xllnc Nordic AB.

Xllnc is a leading supplier of IT lifecycle management solutions for large corporations in the Nordics. The Company’s core solution is its “device-as-a-service” offering, helping organisations evaluate their IT needs, plans, procurement and finance in addition to configuring IT equipment. Additional services include monitoring and managing corporate IT assets such as PCs, tablets and mobile phones throughout their lifecycle, including support and logistics. Xllnc is headquarted in Växjö, Sweden, with appr. 200 employees and had revenues of appr. SEK 1.3 billion in 2018.

Törngren Magnell’s team was led by Sten Hedbäck (partner) and Vaiva Eriksson (partner), and also included Anna Bjurell (Senior Associate, M&A), Sofia Lindh (Associate, M&A), Mikael Ahlberg (Associate, M&A), Emma Borg (Associate, M&A), Louise Wedar (Associate, Banking & Finance), Lisa Ericsson (Senior Associate, employment), Cecilia Bergman(Associate, employment) and Catharina Danielsson (Associate, Real Estate).

Törngren Magnell has advised NetNordic in connection with its acquisition of Radpoint

Törngren Magnell has advised NetNordic, an independent system integrator, in connection with its acquisition of Radpoint, Sweden’s largest independent expert provider of solutions and managed services within cyber security and smart data center. Radpoint has 40 employees and is represented in Stockholm, Gothenburg, Jönköping and Umeå. In connection with the acquisition, all stakeholders in Radpoint invest in NetNordic.

Törngren Magnell’s team was led by Sten Hedbäck and Vaiva Eriksson and included Lisa Ericsson, Mikael Ahlberg and Sofia Lindh.

Törngren Magnell has advised H&H Group in connection with its acquisition of BB Communications Group

Törngren Magnell has advised H&H Group AB, Sweden’s leading advisors in corporate communication, in connection with its acquisition of BB Communications Group from its majority shareholders Joachim Berntzon and Hans Bylund and the minority shareholders. BB Communications Group consist of four agencies and works with both their own customers as well as fully integrated assignments within the group – the advertising agency BerntzonBylund, the PR-agency Mindmakers, the social media agency Socialminds and the event agency Wonderland.

Hallvarsson & Halvarsson, Comprend, Intellecta, Jung, Creo, Springtime, Hilanders, Tomorrow, Identx, Unreel, Consilio, Bysted and Savvy are also part of the H&H Group AB.

Törngren Magnell’s team was led by Sandra Broneus (Partner) and was assisted by Vaiva Eriksson (Counsel), Anna Bjurell (Senior Associate) and Lisa Ericsson (Senior Associate).

Törngren Magnell har biträtt Brookfield Business Partners vid 4,6 miljarder USD förvärv av Westinghouse Electric Company

Törngren Magnell har agerat svenskt ombud åt Brookfield Business Partners LP, ett industriföretag noterat på New Yorks och Torontos börser som fokuserar på att äga och driva högkvalitativa bolag och tillhandahålla företagstjänster, i samband med dess förvärv av Westinghouse Electric Company LLC från Toshiba Corporation för 4,6 miljarder USD. Westinghouse är en världsledande leverantör av produkter och tjänster till kärnkraftsindustrin. Transaktionen slutfördes 1 augusti 2018 efter erhållandet av myndighetsgodkännanden.

Törngren Magnells team bestod av Martin Rosell (ansvarig delägare), Niclas Högström, Vaiva Eriksson, Lisa Ericsson och Sofia Lindh.