Aurelius’ Acquisition of Bring Frigo

Vinge advised Posten Norge on the deal.

Posten Norge announced the sale of the wholly owned subsidiary Bring Frigo to the German company Aurelius.

Bring Frigo is the market leader within temperature-controlled logistics in Sweden and has an international network in Sweden, Denmark, Finland, the Netherlands, France and Norway. The group has a turnover of approximately SEK 2.4 billion and has approximately 900 employees.

Posten Norge AS (Posten) is a postal and logistics company with origins in Norway. The group is a universal service provider fulfilling a universal service obligation (USO) in Norway. The group operates under two brands: Posten, which concentrates on private customers in Norway, and Bring, which focuses on the corporate market in the Nordic region and private customers outside of Norway. The company’s operations are divided into four main divisions: E-commerce and Logistics, Network Norway, Mail, and International Logistics. For financial reporting, the group is split into two segments, logistics and mail. In Norway, postal deliveries are regulated by the Norwegian Postal Services Act, which lies under the Norwegian Ministry of Transport and Communication. Posten is 100% owned by the Norwegian government through the country’s Ministry of Trade, Industry and Fisheries.

The Vinge’s team primarily consisted of Johan Winnerblad (Picture), Desirée Sjöblom, Viktor Lennartsson and Jessica Öijer.

Involved fees earner: Viktor Lennartsson – Vinge; Jessica Öijer – Vinge; Desirée Sjöblom – Vinge; Johan Winnerblad – Vinge;

Law Firms: Vinge;

Clients: Posten Norge AS;

Author: Federica Tiefenthaler