Nordea Finans Sverige AB (publ) completes cross-border merger with the Norwegian entity Nordea Finance Equipment AS
Mannheimer Swartling acted as legal counsel in Sweden in connection with a cross-border merger between Nordea Finans Sverige AB (publ) (“NFS”) and Nordea Finance Equipment AS (“NFE”)
On 2 April 2025, NFS completed a cross-border merger with NFE, pursuant to which all assets and liabilities pertaining to NFE’s Swedish business were transferred to NFS, and NFE was simultaneously dissolved. The purpose of the merger was to simplify the corporate structure of Nordea’s finance companies (Nordea Finance) by transferring the entire business of NFE, including the parts previously carried out through branches in Denmark and Sweden, to existing legal entities in each country where the business is conducted. The cross-border merger was completed following approval from both the Norwegian Financial Supervisory Authority and the Swedish Financial Supervisory Authority.
Nordea Finans was advised by Mannheimer Swartling in connection with Swedish law.