Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises EQT in connection with sale of TitanX
Mandate

Vinge advises EQT in connection with sale of TitanX

August 16, 2016 M&A

Vinge advises EQT Opportunity and Fouriertransform AB and other sellers in connection with the sale of TitanX Engine Cooling (“TitanX”) to Tata AutoComp Systems Ltd (“Tata”), one of India’s leading auto-component conglomerates. TitanX is a global supplier of powertrain cooling solutions for commercial vehicles and the company serves most of the western world’s OEMs, including Volvo Trucks, Scania, Daimler and Iveco. TitanX has a yearly turnover of SEK 1.6 billion and manufacturers in Sweden, USA, Mexico, Brazil and China.

Subject to customary regulatory approvals, the transaction is expected to be completed during the fall of 2016.

Vinge’s team has primarily consisted of Christina Kokko, Sofie Bjärtun and Samra Baytar (M&A), Fredrik Gustafsson and Karin Isacsson (employment), Thomas Sjöberg and Matilda Gustafsson (environmental), Louise Brorsson and Helena Håkansson (finance) and Pernilla Warg (projectassistant). 

Related

Vinge advises Humana in its acquisition of Team Olivia Norge AS

Humana Group ("Humana") strengthens its offering of high-quality care services in Norway as Human Care Holding AS ("Humana Norway") has entered into an agreement to acquire Team Olivia Norge AS for a purchase price of million SEK 341 on a cash- and debt-free basis.
May 17, 2024

Vinge advises Stendörren in connection with issuance of green capital securities and tender offer

 Vinge has advised Stendörren Fastigheter AB in connection with its issuance of green subordinated and perpetual capital securities in an amount of SEK 300 million (within a framework of SEK 400 million) and its parallel tender offer in respect of its previously issued capital securities.
May 17, 2024

Vinge has advised Stockholm Exergi AB in connection with the conclusion of a permanent carbon removal agreement with Microsoft, the world’s largest to date

 Vinge has advised Stockholm Exergi in connection with the conclusion of a permanent carbon removal agreement with Microsoft, covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement is the world’s largest permanent carbon removal deal to date.
May 16, 2024