Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises Gunnebo in connection with the divestment of its Cash Management business
Mandate

Vinge advises Gunnebo in connection with the divestment of its Cash Management business

February 01, 2022 General Corporate IT, Telecommunications and Outsourcing M&A Intellectual Property

Vinge advises Gunnebo Aktiebolag (“Gunnebo”) in connection with the divestment of its Cash Management business to Sesami Cash Management Technologies Corporation, a cash ecosystem solution company controlled by GardaWorld Security Corporation.

The Cash Management business includes automated cash handling solutions, software and services for closed cash handling, cash recycling and cash deposit, for the purpose of creating a safer and more efficient cash cycle and reducing the cost of handling notes and coins.

The divestment is part of Gunnebo’s transformation journey started in 2020, leaving the integrated security and the cash management segments, to be able to focus on the global leading market positions within the business units Entrance Control and Safe Storage.

The transaction is expected to be closed by 1 March 2022.

Vinge’s team consisted of Christina Kokko, Matthias Pannier, Maria Dahlin Kolvik, Viktor Lennartsson and Nina Fathjalali (M&A), Mathilda Persson and Martin Boström (Commercial Agreements/IT), Stojan Arnerstål and Michael Montner (IP), and Cathrin Larsson, Sara Dahlros Sköld and Christoffer Widström (VDR).

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