The Legal 500

Press releases

• KF Fastigheter develops the trade area Mobilia in Lund

  KF Fastigheter has acquired parts of the trade area Mobilia in Lund, and will together with Arne Paulssons Byggnads AB develop the area, including i.a. a Coop supermarket. KF Fastigheter has in connection herewith sold a larger property in central Lund to Paulssons. Mannheimer Swartling advised KF Fastigheter.
  – Mannheimer Swartling

• Kaul and Capol sold to Riverside

  Mannheimer Swartling has advised the owners in the sale of Kaul GmbH and UK-affiliate, Capol UK Ltd., to The Riverside Company.
  – Mannheimer Swartling

• Proventus establishes vehicle for investments in corporate loans and bonds

  Mannheimer Swartling has advised Proventus in connection with the establishment of Proventus Capital Partners – a co-investment vehicle focusing on corporate loans and corporate bonds. The investment strategy for this vehicle also allows direct loans to companies and the ambition is to contribute with financing to mid-sized companies in need of capital for growth or restructuring when these companies are unable to secure traditional bank financing.
  – Mannheimer Swartling

• Protego Real Estate Investors selling Swedish retail properties

  Protego Real Estate Investors has been advised by Mannheimer Swartling on the sale of twelve retail properties situated throughout Sweden for a total value of approximately SEK 210 million.
  – Mannheimer Swartling

• Teracom divests its broadband business

  Mannheimer Swartling has advised the Teracom Group in the divestiture of its subsidiary Comet Networks to CSIT. Comet Networks operates the Group's broadband business, currently reaching more than 650,000 households and 80,000 businesses in approximately 50 municipalities in Sweden.
  – Mannheimer Swartling

• Södra Timber acquires Trivselhus

  Mannheimer Swartling has advised Södra Timber in connection with its acquisition of Ittur Prefab Industrier AB, the parent company of the Trivselhus Group, one of Sweden’s leading producers of prefabricated homes. Closing is expected to take place on 1 October 2009. The transaction is subject to inter alia competition clearance.
  – Mannheimer Swartling

• Varian Medical Systems selected for new proton therapy centre

  Mannheimer Swartling has assisted Varian Medical Systems in entering into agreements for delivery of a proton therapy system to Skandionkliniken. The agreements include supply of an estimated USD 60 million in products. Varian Medical Systems will also have a five year service agreement valued at approximately USD 25 million. Skandionkliniken is the first clinical centre for proton therapy in Scandinavia and will have a capacity of treating 1,000 – 2,500 cancer patients per year. Varian Medical Systems is the world’s leading manufacturer of medical devices and software for treating cancer.
  – Mannheimer Swartling

• Wallhamn, Sweden’s largest private port, gains approvals for expansion

  Mannheimer Swartling has advised Wallhamn AB on matters related to gaining approval for expansion of the port’s fairway to facilitate access for larger cargo ships. The port, owned by the Italian-based Grimaldi Group, is used for RoRo cargo, mainly in relation to the import and export of vehicles. The matter involved negotiations and permitting approval from, among others, the Swedish Transport Agency as well as other authorities and concerned parties. The firm recently also advised the Grimaldi Group on its acquisition of 50 per cent of port Wallhamn from EUKOR Car Carriers Inc, making the Grimaldi Group the sole owner of port Wallhamn.
  – Mannheimer Swartling

• Stena Bulk in joint venture with Asahi Tankers

  Mannheimer Swartling has advised Stena Bulk AB in its new joint venture with Japanese shipping company Asahi Tankers. The joint venture company, Asahi Stena Tankers, will be owned 50/50 by the parties and will invest in tonnage of varying sizes, initially focusing on Suezmax tankers for global transportation of crude oil.
  – Mannheimer Swartling

• Skandia Liv signs asset management agreement with DnB NOR

  Mannheimer Swartling has advised Skandia Liv on an agreement with DnB NOR to manage a portfolio of assets valued at approximately SEK 80 billion. The agreement replaces a previous asset management agreement between the parties and covers DnB NOR’s continued management of a portfolio of Swedish shares and interest and includes a number of special mandates, amongst others in tactical allocation and advice on “socially responsible investing.”
  – Mannheimer Swartling