Törngren Magnell & Partners has assisted Magnolia in an acquisition of project property from Kilenkrysset

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Törngren Magnell & Partners has assisted Magnolia Bostad in an indirect acquisition of parts of the property Kungsängen-Tibble 1:478, located in Upplands-Bro, from Kilenkrysset. Magnolia Bostad intends to develop approximately 400 housing units comprising a total of 43,000 sq.m. BTA, and thereby achieving a mixed area with housing units, small houses, and a preschool. The […]

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Antibody tests and GDPR

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More and more employers now offer their employees antibody tests for the purpose to find out whether the employees have been ill with covid-19 or not. The tests are often carried out by a private care provider, even so the employer may come to process personal data on employees’ health. This article briefly guides you […]

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Törngren Magnell on the Swedish Government Guarantee Programme

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Emergency aid for companies – the Swedish Government Guarantee Programme for small and medium-sized companies Introduction A large number of companies have been adversely affected by the coronavirus pandemic, which has resulted in the loss of income, poor liquidity and difficulties in obtaining financing. To mitigate the economic impact of the pandemic, the Swedish Government […]

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Törngren Magnell has assisted Bokoop with the divestment of cooperative tenancies in Nykvarn to Trenum

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Törngren Magnell has assisted Bokoop with the divestment of a real estate development project in Nykvarn, comprising of several housing units with a total of 145 cooperative tenancies. Bookoop is a housing cooperative aiming to create socially and environmentally sustainable housing for young adults. Trenum, jointly owned by Tredje AP-fonden and Balder, is the buyer […]

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Törngren Magnell has assisted Priveq Investment in its acquisition of a majority stake in the fast-growing language and media technology company Plint

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Törngren Magnell has assisted Priveq Investment in its acquisition of a majority stake in the fast-growing language and media technology company Plint in Gothenburg. Plint, which works closely with streaming giant Netflix, has grown from SEK 11m to SEK 236m in five years. Apart from Netflix, customers also include Amazon, Viacom, Volvo, IKEA and H&M. […]

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Törngren Magnell has advised in connection with the merger between Norra Skogsägarna and Skogsägarna Norrskog

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Törngren Magnell 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 […]

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Törngren Magnell has assisted Arwidsro with a land acquisition in Norrtälje

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Törngren Magnell has assisted Arwidsro Samhällsfastigheter in its acquisition of land for development of residential premises. Arwidsro plans to build approximately 130 rental apartments with planned start for construction by year end 2020. The seller was Arkensvik, a joint venture between Arwidsro and Index Residence AB. Please find out more here. Törngren Magnell’s team mainly […]

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Distressed M&A

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Icy Corona winds are sweeping through the formerly frothy Swedish M&A market. Our experts within M&A and insolvency have taken a closer look at the challenges facing those engaging in M&A processes with financially troubled sellers. They conclude that these processes are laced with plenty of complexity and significant pitfalls, which mean that special competencies […]

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