Published
20/12/2023
Morris Law acted as legal advisor to Iveco Group in connection with the agreement with Hedin Mobility Group regarding the transfer of distribution and retail operations in the Nordic region. The transaction involved multiple jurisdictions and required strategic legal considerations across both local and international levels.
Iveco is a global leader in the development and production of light, medium, and heavy commercial vehicles, buses, and specialty vehicles. The company operates in more than 11 countries with over 27,000 employees worldwide, and is present across Europe, China, Africa, Australia, Oceania, and Latin America.
Hedin Group is a Swedish, family-owned company headquartered in Mölndal, with operations in 14 countries and more than 12,500 employees, primarily within the automotive and mobility sectors, as well as real estate and construction.
The Morris Law team, led by Carl Friberg and Jesper Almqvist, supported Iveco throughout the entire process – from commercial advice and negotiations to transaction structuring.
Morris Law has acted as legal advisor to Baneservice AS in connection with its acquisition of Elektrosignal Infra AB in Sweden and Ratatek Oy in Finland from Expin Group AB (part of the Ratos group).
Morris Law has acted as legal advisor to the owner of Wackes AB and Wackes AS in connection with its divestment of the shares in Wackes AB and Wackes AS to IDÈ Group AS.
Morris Law has acted as legal advisor to Åhléns Group in connection with the company’s successful issuance of senior secured bonds in the amount of SEK 500 million, under a framework of up to SEK 1 billion. The bonds have a tenure of three and a half years and carry interest at STIBOR 3 months plus 5 percent per annum.