Baker McKenzie > Stockholm, Sweden > Firm Profile

Baker McKenzie
VASAGATAN 7, FLOOR 8
PO BOX 180
101 23 STOCKHOLM
Sweden

Sweden > Capital markets Tier 1

Baker McKenzie’s Stockholm office sits at the forefront of the equity capital markets space in Sweden, with the team regularly handling IPOs, including on Nasdaq Stockholm and Nasdaq First North Growth Market, as well as rights issuances, ABBs, and public takeovers. The group is regularly instructed by domestic and international investment banks as underwriters’ counsel and is also noted for its life sciences expertise; acting for several banks in relation to Cinclus Pharma’s main market mid-segment IPO is a recent highlight for the team. Practice head Joakim Falkner has considerable experience representing late-stage private and publicly traded companies, investment banks, investors, shareholders, and sponsors on pre-IPO transactions, IPOs, primary share issuances, and preferential rights offerings. Henric Roth is active in the tech and life sciences spaces. Stefan Balazs and senior associate Johanna Flink are also key contacts.

Practice head(s):

Joakim Falkner

Other key lawyers:

Testimonials

‘A detail- and solution-oriented team that is also very knowledgeable.’

‘Joakim Falkner is very easy to work with, pragmatic without loss of legal focus and always ready to go the extra mile. He and the rest of the team makes any transaction a smooth ride. Johanna Flink is a very experienced lawyer, always available and result-oriented, which make intense transaction processes work smoothly.’

‘Joakim Falkner is very experienced in the field. Henric Roth is easy to work with, with a client friendly and pragmatic approach to problem solving. Stefan Balazs is knowledgeable and easy to work with.’

‘Joakim Falkner is pragmatic and very knowledgeable.’

‘The capital markets team is very flexible and always available for any situation. They are quick to respond and provide an excellent service on any given day. The team is extremely competent and qualified within the capital markets area, handling complex matters in a very good way by offering a constructive dialogue and direct and hands-on approach with a great sense of market practice.’

‘A team with high competence, availability and creativity.’

‘One of the most experienced teams in ECM in the market with good knowledge of market trends.’

‘The team is very accessible and quick to provide focused and correct legal advice.’

Work highlights

  • Advised Olink Holding AB (publ), a leader in next generation proteomics, on its sale to Thermo Fisher Scientific on an all-cash transaction valued at approximately $3.1bn (including net cash).
  • Acted for the investment banks in the SEK3bn primary issuance of shares in Catena AB, listed on Nasdaq Stockholm.
  • Acting for Carnegie, Handelsbanken and Nordea on the SEK1.25bn rights issue by Nobia AB, listed on Nasdaq Stockholm.

Sweden > Banking and finance Tier 2

Baker McKenzie’s banking team in Stockholm is well known for handling cross-border financings for both borrowers and lenders, notably Nordic and international private equity firms as well as leading corporates. Practice head Mats Rooth focuses on acquisition financings involving private equity transactions, acting for both borrowers and lenders, while Markus Meuller’s varied experience covers acquisition financings, leveraged buyouts, mezzanine facilities, real estate financings, and restructurings. Associate Gustaf Erlandsson is noted for his experience in leveraged finance and distressed debt transactions.

Practice head(s):

Mats Rooth

Other key lawyers:

Key clients

FSN Capital

P. Capital Partners

SEB

Nordea

Nordic Capital

Capital Four

Husqvarna

Trill Impact

Nalka Invest

Carlsberg A/S

Work highlights

  • Advised FSN Capital and its portfolio company OptiGroup on both English and Swedish law matters, as well as structuring related questions in connection with the upsize of OptiGroup’s loan facility by an additional €100m which was led by Jefferies Finance LLC, J.P. Morgan SE and Danske Bank A/S, Danmark, Sverige Filial as lead joint bookrunners and lead arrangers.
  • Acted for Nordea Bank Abp in connection with the issuance of senior secured notes and establishment of a super senior revolving facility, and related intercreditor documentation, for iLOQ OY, a portfolio company owned by Nordic private equity firm Nordic Capital.
  • Acted for Husqvarna in connection with a €100m financing from the Nordic Investment Bank (NIB).

Sweden > Commercial, corporate and M&A Tier 3

Baker McKenzie’s M&A team in Stockholm remains active in the Swedish market. Experienced commercial lawyer Carl Svernlöv has broad experience advising clients in the aerospace, airline services, defence, industrial electronics, IT, and telecoms sectors, amongst others. He leads the group alongside managing partner Costin Mihailescu who advises private equity houses and their portfolio companies on M&A. Anders Fast and John Gustafson are key contacts in the team.

Practice head(s):

Carl Svernlöv; Costin Mihailescu

Other key lawyers:

Anders Fast; John Gustafson; Carl Iskasson

Testimonials

‘John Gustafson is probably the best M&A lawyer in Sweden right now and is able to handle any M&A matter. John is a great guy too and fun to work with. He is always available and always commercially-focused.’

‘Costin Mihailescu is clear, direct and pragmatic – an overall great advisor. John Gustafson is a calm and collected in all situations and Carl Svernlöv is probably one of the best corporate law advisers in Sweden.’

‘Carl Iskasson has excellent project management skills and always goes that extra mile for the client. He understands our levels of risk and is super talented: an upcoming star.’

‘I would like to highlight John Gustafson. He has an impressive ability to navigate complicated legal frameworks while keeping our commercial objectives front of mind. This balance between legal expertise and business acumen makes John an exceptional business partner and advisor.’

‘Costin Mihailescu is one of the very best M&A lawyers in Sweden. He has broad experience with highly complex cross-border deals and is very commercially-oriented. He is very hands-on and proactive, and always keeps the interests of his client in mind. John Gustafson is an up-and-coming rising star, in my opinion. He is very diligent, skilled and comfortable to work with.’

‘Baker McKenzie in Sweden is both a very good local offering for advice on transactions and capital markets in Sweden, whilst also an excellent gateway to the global offering of Baker McKenzie. The team is pragmatic and grounded, whilst offering excellent project management and goal-oriented advice.’

‘The team is outstanding when it comes to business orientation, combining legal advice with a practical approach and human capital. They seem to remember everything we’ve ever done together too.’

‘From the moment we engaged their services, we have been met with professionalism, expertise, and a genuine commitment to achieving the best possible outcomes for our needs.’

Key clients

Olink Holding AB (publ)

Erik Penser Bank

Oda Group Holding AS

Shareholders of Charge Amps

Shareholders of Vi Tri Medical AB

Biamp Group

Flowserve Corporation

Safe Life

Nalka Invest AB

Nordic Capital

BLQ invest

Håndverksgruppen

Work highlights

  • Advised Olink Holding AB, a leader in next generation proteomics in its sale to Thermo Fisher Scientific in an all-cash transaction valued at approximately $3.1bn.
  • Advised Erik Penser Bank on the divestment of its Wealth Management and Corporate Finance business areas to Carnegie.
  • Acted as Swedish legal advisor to Norwegian Oda in connection with the merger with Swedish Mathem; the merged companies form a new Nordic market leader in e-commerce of groceries with home delivery, with a total turnover of over SEK 5 billion.

Sweden > Intellectual property and media Tier 3

Baker McKenzie‘s fields a full-service IP practice which benefits from the firm’s international network. The group has broad sector expertise, including in the defence, life sciences and digital media industries. Team lead Peder Oxhammar is ‘great to work with’, with prior experience working in-house in prominent pharmaceutical groups. Alexandra Glad advises on trade mark portfolios, with supplementary strength in marketing and media law.

Practice head(s):

Peder Oxhammar

Other key lawyers:

Alexandra Glad; Emelie Svensson; Alexandra Persson; William Höglund

Testimonials

‘IP powerhouse operating very efficiently.’

‘Peder Oxhammar is a leader in his field. His associates Emelie Svensson, Alexandra Persson and William Höglund are also very good.’

‘Baker McKenzie is a truly global firm, and if needed, we are able to get assistance for all relevant jurisdictions.’

‘Peder Oxhammar is great to work with.’

Key clients

Krafton/Under Your Skin AB

Unilever

Taleworlds Entertainment

Haleon Sweden AB

C-Rad

Galderma

Alphabet/Google

Biosorbe AB

Genesis Global

BLQ Invest AB

Work highlights

  • Represented Haleon Sweden AB in a court proceeding against the Swedish Medical Product Agency regarding the Swedish Medical Product Agency’s decision to prohibit the sale and marketing of Haleon’s massage gel (cosmetics).
  • Acted for Krafton on its investment into Under Your Skin, a beauty care company in Sweden.
  • Represented BLQ Invest AB in its carve out acquisition of Klarna’s check-out business.

Sweden > Tax Tier 3

Baker McKenzie‘s tax practice focuses on transactions, disputes, and matters relating to employee incentives. The department is headed up by Linnea Back, who is active for businesses and private clients on a broad range of tax matters, including transactions, restructurings, and litigation.

Practice head(s):

Linnea Back

Testimonials

‘Very proactive and timely advice, good follow up of our litigation procedure and advice on changes in law that impact our procedure.’

Key clients

Olink Holing AB

Oda Group Holding AS

Aros Bostadsutveckling AB

Work highlights

  • Advised Olink Holding AB on its sale to Thermo Fisher Scientific in an all-cash transaction valued at approximately $3.1bn (including net cash).
  • Acted as Swedish legal adviser to Norwegian Oda in connection with the merger with Swedish Mathem.
  • Acted as legal adviser to Aros Bostadsutveckling AB on its public takeover offer of Besqab AB.

Sweden > Dispute resolution Tier 4

Baker McKenzie‘s dispute resolution team in Stockholm handles matters in the manufacturing, gaming, medtech, and real estate sectors, among others. Practice head Erik Forsin focuses on domestic and international arbitration and litigation, with a particular emphasis on disputes relating to M&A, company law, banking, and contract law. Peder Oxhammar handles intellectual property disputes, while Jonas Benedictsson is noted for his international commercial expertise.

Practice head(s):

Erik Forsin

Other key lawyers:

Testimonials

‘Erik Forsin stands out for his firm and accurate assistance. He always sees solutions when others stand back. I particularly enjoy his strategic skills within his area of expertise. Erik is always available and is one of the most hard-working dispute lawyers I know.’

‘A highly competent and capable team.’

‘The quality in the hands-on advice received from anyone in the team really stands out.’

Key clients

KPMG

Hitachi Rail STS Sweden AB (Ansaldo STS Sweden AB)

CFF Förvaltning AB

C-Rad AB

Serafim Finans AB

Kapatens AB

Solvinkeln Fastigheter AB

Triol Kapital AB

Work highlights

  • Represented a shareholder in an claim “actio pro socio” against the board of directors of a limited liability company.
  • Represented Hitachi Rail STS Sweden AB in connection with a dispute with the City of Stockholm’s metro line company regarding the supply of a signal system for one of the metro lines and the subsequent termination of the agreement.
  • Represented third party funder Kapatens AB in court proceedings against Victoria Park AB, where Kapatens, representing a group of shareholders, is claiming payment of dividend decided by Victoria Park’s annual meeting, but which remains unpaid by Victoria Park on the alleged basis that the shares were redeemed before payment of the dividend was due and thus, the claim for the dividend was extinguished.

Sweden > IT and telecoms Tier 4

Sweden > Employment

Germany > Corporate and M&A > Corporate Tier 3

Our lawyers in Sweden advise clients on some of the most significant transactions in the Nordic region, such as advising Olink in its USD 3.1 billion sale to Thermo Fisher Scientific, Petronas in the acquisition of Perstorp and Dun & Bradstreet in the acquisition of Bisnode. No other law firm in the Swedish market offers Nordic clients the same link to North America, Asia Pacific, Latin America and EMEA as we do.

Building on our long commitment to social and environmental responsibility, Baker McKenzie’s Stockholm office has been environmentally certified in accordance with ISO 14001 since June 2013, and was recertified in 2022 to the newly revised ISO 14001:2015. In addition, our operations in Stockholm have since 2020 achieved net zero emissions of greenhouse gases.

Photo Name Position Profile
Emelie Ageby Svensson photo Ms Emelie Ageby Svensson Emelie Ageby Svensson is a member of Baker McKenzie’s Intellectual Property and…
Linnea Back photo Linnea Back Linnea Back is a member of Baker McKenzie’s Tax Practice Group in…
Stefan Balazs photo Mr Stefan Balazs Stefan Balazs is a member of the Firm’s Capital Markets Group in…
Jonas Benedictsson photo Jonas Benedictsson Jonas Benedictsson is a senior counsel in the Dispute Resolution Practice Group…
Ida Cederborg photo Ida Cederborg Ida Cederborg is co-head of Baker McKenzie’s Employment and Compensation Group in…
Joakim Falkner photo Joakim Falkner Joakim Falkner is based in Stockholm and is heading up Baker McKenzie’s…
Anders Fast photo Anders Fast Anders Fast is a member of the Firm’s Global Executive Committee and…
Erik Forsin photo Mr Erik Forsin Erik Forsin is a partner and heads Baker McKenzie’s Dispute Resolution Practice…
Alexandra Glad photo Alexandra Glad Alexandra Glad is an associate and member of Baker McKenzie’s Intellectual Property…
Margarita Kozlov photo Ms Margarita Kozlov Margarita Kozlov is the co-head of Baker McKenzie’s Employment & Compensation team…
Markus Meuller photo Markus Meuller Markus Meuller is a member of Baker McKenzie’s Banking & Finance Practice…
Costin Mihailescu photo Costin Mihailescu Costin Mihailescu is the Managing Partner of Baker McKenzie’s Stockholm office. He…
Peder Oxhammar photo Peder Oxhammar Peder Oxhammar is Head of Baker McKenzie’s Intellectual Property Group in Stockholm. He…
Mats Rooth photo Mats Rooth Mats Rooth is head of Baker McKenzie’s Banking & Finance Practice Group…
Henric Roth photo Henric Roth Henric Roth is based in Stockholm and a partner in the Capital…
Carl Svernlöv photo Mr Carl Svernlöv Carl Svernlöv — listed as a highly recommended lawyer in several law…
Christian Vocke photo Christian Vocke Dr. Christian Vocke is a partner of the Corporate/M&A Practice Group in…
Ben Wilkinson photo Ben Wilkinson Ben Wilkinson is a Principal of Baker McKenzie based in the Firm’s…