Employment Law News – What’s new in Swedish Employment Law (Third Quarter 2020)

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Stricter rules on posting of workers On 30 July 2020, stricter rules on posting of workers entered into force, thereby implementing the revised posted workers directive (Directive 2018/957). The new rules mean, among other things, that the remuneration that employee organizations may require in collective bargaining agreements is no longer limited to the minimum level, […]

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TM & Partners legal advisor to Adventure Box Technology AB (publ) in connection with its directed issue

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Adventure Box Technology AB (publ) (”Adventure Box”) has completed a directed issue of shares through a private placement, performed by Pareto Securities AB, raising approximately SEK 60 million before transaction costs. Adventure Box is a computer game technology company based in Stockholm, Sweden. The company provides “Adventure Box”, an online platform where users can make, […]

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TM & Partners legal advisor to The Hans and Barbara Bergstrom Foundation in connection with Paradigm Capital’s Public Offer for Internationella Engelska Skolan

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TM & Partners advised The Hans and Barbara Bergstrom Foundation in connection with the mandatory public cash offer for Internationella Engelska Skolan i Sverige Holdings II AB (“IES”) made by a consortium led by Paradigm Capital Value Fund SICAV and the joint acquisition vehicle Peutinger. The offer values IES at approximately SEK 3.1 billion. IES, […]

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TM & Partners has assisted in the sale of COS Systems to Pivot

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TM & Partners has assisted the sellers in the sale of COS Systems to the private equity company Pivot. The Umeå-based COS Systems, majority owned by Ekström Invest, Partnerinvest Norr and Ackra Invest, is a globally active povider of software to plan, deploy and operate broadband networks. Founded in 2011, COS Systems has today a strong […]

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TM & Partners has assisted ReNewCell in the lease with SCA for establishing textile recycling in Ortviken

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TM & Partners has assisted ReNewCell in the lease with the forest industry company SCA for ReNewCell’s lease at SCA’s industrial property in Ortviken (Sundsvall) for the establishment of textile recycling. Renewcell estimates that this establishment will create around one hundred new full-time jobs and that the plant, at full production, will recycle 60,000 tons […]

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TM & Partners legal advisor to Inission AB in connection with its directed issue

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Inission AB (“Inission”) has completed a private placement of Class B shares through a private placement, performed by Nordea Bank Abp, filial i Sverige, raising approximately SEK 88.3 million before transaction costs. Inission is a profitable total supplier that offers demanding industrial customers in the Nordic region complete electronic and mechanical products of the highest […]

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TM & Partners has assisted KF Fastigheter in the sale of the commercial property Sjötelegrafen in Nynäshamn to Elisby Fastigheter

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TM & Partners has assisted KF Fastigheter in the sale of the commercial property Sjötelegrafen in Nynäshamn to Elisby Fastigheter. Sjötelegrafen has a lettable area of 30,500 sqm which includes a city centre mall and an office hotel. TM & Partners’ team consisted of Natalie Bretz (Partner), Philip Reznik (Senior Associate), Catharina Danielsson (Associate) and […]

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TM & Partners assisted Norvestor in the sale of Aptilo to Enea

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TM & Partners assisted Norvestor in the sale of Aptilo to Enea. Aptilo is a leading provider of policy and access control solutions for carrier Wi-Fi and IoT (Internet of Things), headquartered in Stockholm, Sweden. For more information, please see press release. TM & Partners’ team consisted of Sten Hedbäck (Partner, M&A), Philip Reznik (Senior […]

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TM & Partners has assisted Magnolia Bostad in the formation of a new extensive joint venture with Heimstaden Bostad and Derome

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TM & Partners has assisted Magnolia Bostad in the process of entering into agreements with Heimstaden Bostad regarding a joint development of residential buildings in the area close to Hede Station in Kungsbacka. The project comprises approximately 1,600 apartments with a combined area of approximately 100,000 square meters. Derome is the seller. In connection with […]

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