Nordic Legal Advisor of the Year, FT/mergermarket European M&A Awards 2011
“2011 has been a year in which the Nordic, and especially Swedish, M&A market has shown a strong resurgence relative to its European and US counterparts, and where we have been fortunate to receive a number of notable assignments. It continues to be a challenging climate for transactions and we are grateful to our clients for turning to us for assistance on getting their deals done,” comments Biörn Riese, chairman of the board and head of global M&A at Mannheimer Swartling.
Mannheimer Swartling was named Nordic Legal Advisor of the Year at the European M&A Awards 2011. The award is based on M&A transaction data from mergermarket.com and the strategic nature, complexity and innovativeness of these transactions. The review is conducted by a panel of experts including leading European M&A practitioners, analysts from mergermarket, and correspondents from the Financial Times. Mannheimer Swartling was also the recipient of this award in 2009.
“In what was one of the most challenging mandates on the market, we participated in AstraZeneca’s sale of Astra Tech to Dentsply, and we were pleased to advise Carlyle and Providence Equity Partners on their divestment of Com Hem to BC Partners, in one of the largest Swedish deals during 2011. Our role advising Haldex on their restructuring, which included the divestment of the Traction Systems Division to BorgWarner and the spin-off and listing of the Hydraulic Systems Division on NASDAQ OMX Stockholm, engaged lawyers from our offices in Sweden, China, Germany, Brussels, and the United States, and was yet another fine example of how we were able to assist clients on complex assignments,” continues Biörn Riese.
The firm’s Mergers & Acquisitions practice offers a depth and breadth virtually unrivalled on the Nordic market. With over 100 M&A lawyers supported by class-leading specialists in tax, employment, environment, competition, intellectual property, information technology, government regulation, insurance, real property, banking and capital markets operating out of 12 offices in six countries, the firm is capable of leading the most demanding cross-border transactions as well as pragmatically and efficiently executing domestic deals. The firm’s lawyers are involved in a majority of the major transactions in Sweden, and Mannheimer Swartling is routinely ranked at the top in all relevant rankings of legal advisors in the Nordic region.