Centrally positioned in northern Europe, Sweden is the largest market in the Nordic region. The country is a global leader in innovation, with a highly skilled labour force, sophisticated consumers, smooth business procedures, openness to international ownership and a stable economy.
What we offer is unique in Stockholm and the Nordic region. Our Stockholm and Helsinki offices make White & Case the only global law firm with a strong and established Nordic presence. We work with Swedish and international clients, in Sweden as well as globally.
Our lawyers are market-leading practitioners in areas such as mergers and acquisitions, banking, capital markets and dispute resolution. We work on some of the most significant and complex transactions and cases in the market. Our offer is rooted in our profound understanding of our clients’ business. We work in focused teams, close to our clients. Our success is founded on our ability to combine knowledge and experience with personal commitment.
Our core services include:
Banking is one of the office's core practice areas. We advise Swedish and non-Swedish banks and financial institutions, private equity sponsors, large corporates and alternative capital providers on a broad range of banking and restructuring matters, both foreign and domestic and within a broad product offering. Clients include some of Sweden's largest financial institutions, corporates and private equity funds. The combination of White & Case's international experience and the Stockholm office's knowledge of local legislation and industry practice makes us extremely well suited to be efficient advisors to both local and international banking and finance clients.
Multiple sources praise the breadth of the team's international reach, with one client describing the team as a 'great one-stop shop for EU, UK and US law'.
Another client highlights the lawyers' 'service level and responsiveness,' as well as their 'specialist knowledge.'
Clients say "A key benefit is their ability to swiftly tap into the broader market knowledge from the Frankfurt, New York or London offices giving us as a client a way to benchmark not only against the local market, but the global market."
Other clients say "The team is agile and very responsive." and "A hardworking team that always gives excellent attention and sound and solid advice no matter how complex the problem is."
The Legal 500 2020
The Capital Markets Group in Stockholm focuses on capital markets and public M&A. The team advises issuers, owners as well as underwriters in a variety of ECM transactions, including IPOs, spin-offs and rights offerings, as well as convertible bonds, other hybrids and pure bond offerings, including HY. The team's public M&A experience includes a wide range of domestic and cross border buy-outs, merger of equals and reversed takeovers, and they represent both sponsors and strategic buyers.
Solid team with a strong reputation for its ECM expertise, frequently advising clients on IPOs and often acting on behalf of underwriters. Strong cross-border capabilities allow the team to handle both Swedish and global matters, while also addressing work involving emerging markets.
Clients say "High quality, international standard." and "White & Case is at the forefront of market developments and a pleasure to work with."
The Legal 500 2020
Arbitration and Litigation
We have successfully represented clients in a number of the largest and most complex litigations and commercial arbitrations that have arisen over the past few years. In any dispute, we are focused on achieving our clients' objectives by combining our legal knowledge and accumulated know-how with our industry knowledge and geographical reach.
On the arbitration side, we know the process as well as the arbitration institutes. The group has many years of experience in representing Swedish and international clients in ad hoc proceedings conducted in accordance with the Swedish Arbitration Act, as well as institutional proceedings under various rules, such as the SCC, ICC and UNCITRAL rules.
According to clients, the team offer 'great service together with excellent legal skills.' Another client praises the 'very high-standard work' and quality drafting skills, describing the team as 'very efficient and easy to work with.'
Clients describe the the team as "A very dedicated team with high integrity, good knowledge and a pragmatic, professional and business-oriented approach." Another client say "The team has a great network for international work, making it easy for us if we need to reach out across Europe or in US on behalf of the policyholders or our company."
The Legal 500 2020
M&A and Private Equity
The M&A team in Stockholm represents multinational companies, private equity firms, financial institutions and other clients in connection with domestic and cross-border M&A transactions across a range of industry sectors. We have a long history of representing clients in Nordic M&A transactions and of representing our Swedish clients in their M&A transactions around the world. Clients recognize our unique cross-border capabilities, and we have been engaged to act for them in some of the most innovative and demanding M&A transactions in the region.
The Stockholm office is part of the White & Case global M&A team. We are one of few law firms with the global capacity and expertise to provide assistance to clients on mergers and acquisitions worldwide.
Our transactions include Domestic and cross-border acquisitions and dispositions, Joint venture, Spin-offs, Privatization, Private equity funding, Leveraged buyouts, Recapitalizations.
Strong reputation for private equity deals, acting for large funds. Particularly recommended for it’s cross-border capabilities, utilising it's international network to advice on major global mandates with Swedish aspects, as well as having a solid reputation for local and regional work in Sweden and the Nordics.
Clients say "The firm is a true international player which stands out in the Swedish market."and "White & Case offers a first-class service." as well as "The firm provides a pragmatic and solutions-oriented approach."
The Legal 500 2020
In addition we provide advice on:
• Asset Finance
• Competition Law
• Employment Law
• General Corporate & Commercial Law
• Intellectual Property
• Insurance and Reinsurance
• Investment Funds
• Project Finance
AWARDS & RECOGNITION
White & Case ranked #1 by volume for Nordic Private Equity M&A for Q1 2020 by Mergermarket, having advised on 13 announced deals.
White & Case ranked #1 by volume for Nordic M&A for Q1 2020 by Bloomberg, having advised on 12 announced deals.
White & Case ranked #1 by volume for Nordic M&A in 2019 by Bloomberg, having advised on 56 announced deals.
Tier 1 Banking and Finance, The Legal 500, 2018, 2019, 2020
Band 1 Capital Markets, Chambers Global 2019
Altor, Strawberry Equities (Petter Stordalen) and TDR acquisition of the business of Thomas Cook Northern Europe, 2019
Represented a consortium consisting of Altor, Strawberry Equities (Petter Stordalen) and TDR on the acquisition of the business of Thomas Cook Northern Europe (Vinggruppen; to be re-branded to Nordic Leisure Travel Group).
Naspers investment in Avito AB, 2015 and Naspers buy-out of the remaining minority, 2019
Represented Naspers in connection with their USD1.2 billion majority stake investment in Avito AB, one of the world's leading internet classifieds companies, in 2015 and Naspers' subsequent USD1.16 billion buy-out of the remaining minority in 2019. The 2015 deal was the 2nd largest private M&A deal in Sweden 2015 and the largest ever online deal in the Nordics and the 2019 deal is the largest deal in Sweden YTD 2019.
Alder sale of Gasmet Technologies, 2019
Represented Alder on the sale of Gasmet Technologies (Gasmet) to Nederman.
Karo Pharma AB acquisition of Trimb Holding, 2019
Represented listed EQT portfolio company Karo Pharma AB on its SEK 3.4 billion (US$360 million) acquisition of Trimb Holding from Avista Capital Partners and other shareholders.
Salcomp Holding sale of Salcomp Group, 2019
Represented Salcomp Holding, owned by Nordstjernan and The Sixth Swedish National Pension Fund (AP6), on the sale of Salcomp Group to publicly listed Chinese component manufacturer Lingyi iTech (Guangdong) Co.
EQT Mid Market sale of IP-Only, 2019
Represented EQT Mid Market on the SEK 18.25 billion (€1.71 billion) sale of IP-Only to EQT Infrastructure as well as an earn-out of up to SEK 1 billion (€94 million).
Represented Carnegie Investment Bank AB (publ) and Nordea Bank Abp, filial i Sverige, as the underwriters in the initial public offering (IPO) and listing of shares in Karnov Group AB (publ) (Karnov) on Nasdaq Stockholm.
EE Intressenter public cash offer to the shareholders in Cherry AB, 2018
Represented European Entertainment Intressenter BidCo AB (EE Intressenter) on the public cash offer to the shareholders in Cherry AB to acquire all Cherry shares at a price of SEK 87 per share.
EQT public cash offer to the shareholders of Karo Pharma, 2018
Represented EQT on the public cash offer to the shareholders of Karo Pharma.
EQT sale of Piab Group AB, 2018
Represented leading alternative investment firm EQT on the sale of Sweden-headquartered Piab Group AB, a global technology pioneer in industrial automation and robot components, to Patricia Industries for an enterprise value of SEK 6,950 million (around €661 million).