Peter Forsberg
Peter Forsberg
Peter Forsberg specialises in EU and competition law with particular focus on Swedish and international merger control, competition law investigations, disputes, compliance work and other aspects of competition law as well as regulatory matters and foreign direct investment (FDI) control before competition authorities, sector agencies and courts. Peter is recognised as a leading expert within EU and competition law by international legal directories such as Chambers Europe, Who’s Who Legal and Legal 500.
Peter is very experienced and well connected, not just locally but also internationally.
EU & Competition I Chambers Europe, 2023
References
Acted as counsel to Bonnier Capital in its investment in the health care company Safe Life
Acted as counsel to Atria in the acquisition of the Swedish convenience food business Gooh.
Counsel to ASICS CORPORATION, in its sale of Haglöfs AB, a well known Sweden based outdoor goods provider with products sold in 28 countries, to the global private equity firm Lionrock Capital Limited.
Counsel to Omya in its Divestment of Björka Mineral AB, 2023
Counsel to Thoma Bravo in its growth investment in Hypergene.
Hannes Snellman acted as counsel to Oriola Oyj (“Oriola”) in the sale of Svensk dos AB to Apotekstjänst Sverige AB. The agreed sale price in cash is SEK 110 million, and Oriola will through the transaction exit the dose dispensing business in Sweden.
Parties:
KLAR Partners, Sandbäckens, Storskogen Group AB
Transaction:
KLAR Partners backed Sandbäckens has acquired EVIAB Gruppen AB, Växjö Elmontage AB, and El & Projektering Vetlanda AB, controlled by Storskogen Group AB.
Deal value:
Value not public
Role:
Counsel to KLAR / Sandbäckens
Parties:
Masco Corporation (Buyer), Nordic Mezzanine and other Sauna360 Group Oy’s shareholders (Sellers), Sauna360 Group Oy (Target)
Transaction:
Acquisition of Sauna360 Group Oy
Deal value:
Value not public
Role:
Swedish Counsel to Masco Corporation
Parties:
Magnet Forensics, backed by Thoma Bravo, Griffeye, Safer Society Group.
Transaction:
Counsel to Magnet Forensics, backed by Thoma Bravo, in the acquisition of Griffeye from Safer Society Group.
Deal value:
Value not public.
Role:
Counsel to Magnet Forensics, backed by Thoma Bravo.
Parties:
Tokmanni (Buyer), Dollarstore (Target)
Transaction:
Counsel to Tokmanni in its acquisition of the Swedish discount retail chain Dollarstore
Deal value:
SEK 2,028.0 million
Role:
Counsel to Tokmanni
Parties:
Equip Capital, Lakers Group AB, Vestum AB
Transaction:
Equip Capital has acquired a portfolio of companies from Lakers Group by Vestum AB
Deal value:
Value not public
Role:
Counsel to Equip
Parties:
Riverside Company, Monias Torkduk AB
Transaction:
Vita Verita acquired by Riverside Company
Deal value:
Value not public
Role:
Counsel to Riverside Company
Parties:
MediaMarkt Sweden, Media-Saturn-Holding GmbH, Power International AS
Transaction:
Northern European electronics retailer Power acquired 100 per cent of the shares in MediaMarkt Sweden.
Deal value:
Value not public
Role:
Counsel to Power Sweden International AS
Parties:
Cargotec Corporation, Konecranes Plc
Transaction:
The announced, but subsequently abandoned, merger of Cargotec and Konecranes in 2021-2022
Deal value:
Approx. EUR 2.7 billion
Role:
Counsel to Konecranes Plc
Parties
VASS Group (buyer), Zington AB (target)
Transaction
Counsel to VASS Group in the acquisition of Zington
Deal Value
Value not public
Role
Counsel to VASS Group
Parties:
Oriola, Kronans Apotek, Apoteksgruppen
Transaction:
Counsel to Oriola in obtaining merger clearance for the creation of a joint venture consisting of Kronans Apotek and Apoteksgruppen
Deal Value:
Not public
Role:
Counsel to Oriola
Parties:
The Kingdom of Sweden, Orio AB, Hedin Mobility Group AB
Transaction:
Counsel to the Kingdom of Sweden in the sale of Orio AB to Hedin Mobility AB
Deal Value:
Value not public
Role:
Counsel to the Kingdom of Sweden
Parties:
KLAR Partners, Oleter Group, Swoosh
Transaction:
Counsel to KLAR Partners backed Oleter Group in the merger between its underground infrastructure maintenance business (UIM) and Swoosh
Deal Value:
Value not public
Role:
Counsel to KLAR Partners
Parties:
Ahlström Capital BV and Nidoco AB (buyers), Ahlstrom-Munksjö (seller), Decor Solutions business area (target)
Transaction:
The buying consortium comprising Ahlström Capital BV and Nidoco AB, in the investment in the majority share of Ahlstrom-Munksjö’s Decor Solutions business area.
Deal Value:
Value not public
Role:
Counsel to the buying consortium (Ahlström Capital BV and Nidoco AB)
Parties
Accent Equity, Norcospectra
Transaction
Counsel to Accent Equity in its investment in Norcospectra
Deal Value
Not public
Role
Counsel to Accent Equity
Parties
Kingdom of Sweden (Seller), Metria AB (Target), Sikri Holding AS (Buyer)
Transaction
Counsel to the Kingdom of Sweden in the sale of Metria AB to Sikri Holding AS
Deal Value
Value not public
Role
Counsel to the Kingdom of Sweden
Parties
Oriola Corporation, Euroapotheca, Kronans Apotek and Apoteksgruppen
Transaction
Counsel to Oriola Corporation in the Formation of a Joint Venture with Euroapotheca combining the Swedish retail pharmacy chains Kronans Apotek and Apoteksgruppen.
Deal Value
EUR 700 million
Role
Counsel to Oriola Corporation
Parties
NeoGames S.A., Aspire Global plc
Transaction
Counsel to NeoGames S.A. in its public offer for Aspire Global plc
Deal Value
SEK 4.3 billion
Role
Counsel to NeoGames S.A.
Parties
Anora Group Plc (Altia Plc, Arcus ASA) and Galatea AB
Transaction
Required pre-closing divestment of Altia’s brands Skåne Akvavit, Hallands Fläder, and Brøndums and cognac brand Grönstedts (along with Arcus’s aquavit brand Akevitt Spesial and spirits brands S.P.R.T. and Dworek) to Galatea AB. The divestment to a suitable buyer was required by the Finnish, Norwegian, and Swedish competition authorities as a condition to their approval of the merger between Altia and Arcus to form Anora Group.
Deal value
Not public
Role
Lead counsel to Altia Plc (Anora Group Plc)
Parties
Altia Plc, Arcus ASA
Transaction
Merger of Altia Plc and Arcus ASA to form Anora Group
Deal value
Preliminary aggregated annual revenue EUR 640 million
Role
Lead counsel to Altia Plc
Parties
KONE Corporation, Motala Hissar AB, Aritco Group AB
Transaction
Counsel to global elevator and escalator provider KONE Corporation and its subsidiary KONE Aktiebolag in the divestment of Motala Hissar AB to Aritco Group AB, a wholly-owned subsidiary of Investment AB Latour (publ).
Deal Value
Value not public
Role
Counsel to KONE Corporation
Parties
Holmström Fastigheter AB, Areim AB, Magnolia Bostad AB
Transaction
Counsel to consortium of F. Holmström Fastigheter AB and Areim AB on its public offer for Magnolia Bostad AB
Deal Value
The offer values Magnolia Bostad at approximately SEK 2,9 billion
Role
Counsel to consortium of F. Holmström Fastigheter AB and Areim AB
Parties
Terveystalo Plc, Terveystalo Healthcare Oy, Feelgood Svenska AB (publ)
Transaction
Hannes Snellman advised Terveystalo on its acquisition of 72 percent of the shares and recommended mandatory takeover offer for Feelgood Svenska AB (publ)
Deal Value
SEK 606 million / EUR 60 million
Role
Counsel Terveystalo Plc and Terveystalo Healthcare Oy
Parties
AURELIUS Equity Opportunities SE & Co. KGaA, Conaxess Trade Sweden AB, Movement Group Nordic AB
Transaction
AURELIUS Equity Opportunities SE & Co. KGaA and its portfolio company Conaxess Trade Sweden AB in the acquisition of Movement Group Nordic AB
Deal Value
Value not public
Role
Counsel to AURELIUS Equity Opportunities SE & Co. KGaA and its portfolio company Conaxess Trade Sweden AB
Parties
Savaria Corporation, Handicare Group AB
Transaction
Savaria Corporation in Its Public Offer for Handicare Group AB
Deal value
The offer values Handicare at approximately SEK 2.9 billion
Role
Counsel to Savaria Corporation
Parties
TrønderEnergi AS, Scandinavian Biogas
Transaction
The Norwegian energy company TrønderEnergi has become the largest shareholder in Scandinavian Biogas, a leading producer of biogas in the Nordics.
Deal value
Value not public
Role
Swedsih counsel to TrønderEnergi AS
Parties
REF IV Luxembourg S.à r.l., AcadeMedia
Transaction
Divestment of RE Skolor AB to AcadeMedia
Deal Value
Value not public
Role
Counsel to REF IV Luxembourg S.à r.l.
Parties
Paradigm Capital Value Fund SICAV, Internationella Engelska Skolan i Sverige Holdings II AB (“IES”)
Transaction
Counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
Deal Value
The offer values IES at approximately 3.3 Billion
Role
Counsel to Consortium Led by Paradigm Capital
Parties
Vida AB, Bergs Timber AB (publ)
Transaction
Vida AB in the Acquisition of Bergs Timber AB’s (publ) Swedish Sawmill Business
Deal Value
SEK 400 million
Role
Counsel to Vida AB
Parties
Eltel AB, Eltel AB (Aviation & Security business), Luftfartsverket
Transaction
Eltel in the divestment of its Aviation & Security Business to Luftfarsverket
Deal Value
EUR 17 million
Role
Counsel to Eltel AB
Parties
Outotec Oyj, Metso Corporation
Transaction
The combination of Outotec and Metso Minerals through a demerger
Deal Value
EUR 3.9 billion (illustrative combined sales)
Role
Counsel to Outotec Oyj
Parties
NEP Group (Bidder), HDR Sweden (Target)
Transaction
NEP Group in its acquisition of HDR Sweden, a company specialised in full-service production within the live sports, entertainment and broadcast markets in Sweden, Norway, Denmark and Finland
Deal Value
Value not public
Role
Counsel to NEP Group
Parties
Ramirent Plc (buyer), Stavdal AB
Transaction
Ramirent in its acquisition of Stavdal AB to become the leading company in Swedish equipment rental market
Deal Value
EUR 158 million
Role
Counsel to Ramirent Plc
Parties
OBOS BBL (Buyer), SBC Sveriges Bostadsrättscentrum AB (Target)
Transaction
OBOS’ mandatory public cash offer for all shares in SBC Sveriges Bostadsrättscentrum AB.
Deal Value
SEK 1 billion
Role
Counsel to OBOS BBL
Parties
OBOS BBL (Buyer), Riksförbundet Bostadsrätterna Sverige Ekonomisk förening (Seller)
Transaction
OBOS in connection with the acquisition of 36.6 percent of the shares and votes in SBC Sveriges Bostadsrättscentrum AB
Deal Value
SEK 377 million
Role
Counsel to OBOS BBL
Parties
Infranode 1 (No. 1) AB and Infranode Energi AB (Buyers), Skånska Energi AB (publ) (Target)
Transaction
Infranode Energi AB’s recommended public cash offer for all shares in Skånska Energi AB (publ)
Deal Value
SEK 621 million
Role
Counsel to Infranode 1 (No. 1) AB and Infranode Energi AB
Parties
Mekonomen Aktiebolag (publ) (Buyer), FTZ Autodele & Værktøj A/S, INTER-TEAM Sp. z. o.o. (Targets)
Transaction
Mekonomen's acquisition of FTZ Autodele & Værktøj A/S. the Danish market leader within automotive spare parts distribution and INTER-TEAM Sp. z. o.o., who has an established market position in the fast-growing and fragmented Polish automotive spare parts market.
Deal Value
EUR 395 million
Role
Counsel to Mekonomen Aktiebolag (publ)
Parties
NDX Intressenter (Buyer), Nordax Group AB (Target)
Transaction
NDX Intressenter’s mandatory bid for all shares in Nordax Group AB
Deal Value
Offer value SEK 6.657 million
Role
Counsel to NDX Intressenter
Parties
EQT (Buyer) DGC One AB (publ) (Target)
Transaction
Counsel to EQT in the Acquisition of the Majority of the Shares in DGC One and the Mandatory Takeover Offer for the Remaining Shares
Deal Value
SEK 2.3 billion
Role
Counsel to EQT
Parties
EQT (Seller), Anticimex (Target), AMF Pensionsforsakring AB, The Sixth National AP-fund, Volito, Cubera (Buyers)
Transaction
The sale of 19% minority stake sale in Anticimex by EQT
Deal Value
EUR 311 million
Role
Counsel to EQT
Parties
Wärtsilä Corporation (Buyer), Puregas Solutions AB (Target)
Transaction
Wärtsilä Corporation’s agreement to acquire Puregas Solutions AB
Deal Value
EUR 29 million
Role
Counsel to Wärtsilä Corporation
Parties
Adelis Equity Partners (Buyer), AddPro (Target)
Transaction
Adelis Equity Partners' acquisition of AddPro
Deal Value
Value not public
Role
Counsel to Adelis Equity Partners
Parties
Valedo Partners (Existing lead investor), General Atlantic (Investor), Joe & the Juice (Target)
Transaction
General Atlantic has made a strategic growth investment in Joe & the Juice to become the second largest shareholder in Joe & the Juice alongside existing lead investor Valedo Partners
Deal Value
Value not public
Role
Counsel to Valedo and other shareholders of Joe & the Juice
Parties
Adelis Equity Partners Fund I AB (Buyer), Sobro and minority shareholders (Seller), Nordomatic AB (Target)
Transaction
Financing of Adelis Equity Partners Fund I acquisition of the majority stake in Nordomatic AB
Deal Value
Value not public
Role
Counsel to Adelis Equity Partners Fund I AB
Parties
EQT VII Fund (Buyer), Piab Group Holding AB (Target), Altor Fund II and minority shareholders (Seller)
Transaction
EQT's acquisition of Piab from Altor. Hannes Snellman is advising EQT in relation to the acquisition, including with respect to patents and IPR, acquisition financing, merger control filings and other legal aspects of the agreed transaction.
Deal Value
Value not public
Role
Counsel to EQT
Parties
EQT (Buyer), IFS (Target)
Transaction
EQT's acquisition of 68% of votes and 63% of capital in IFS
Deal Value
SEK 5.6 billion
Role
Counsel to EQT
Parties
Proffice AB (Target), Randstad Holding (Bidder)
Transaction
The public offer to the shareholders of Proffice AB made by Randstad Holding
Deal Value
SEK 1,648 million
Role
Counsel to Proffice
Parties
Novax, part of the Axel Johnson Group (Buyer), ApoEx AB (Target)
Transaction
Novax has acquired 46% of ApoEx AB.
Deal Value
Value not public
Role
Counsel to Novax
Parties
Adelis Equity Partners (Buyer), INTERSPORT Sweden (Target)
Transaction
Adelis Equity Partners has agreed to acquire a 70% stake in INTERSPORT Sweden.
Deal Value
Value not public
Role
Counsel to Adelis Equity Partners
Parties
Sensys Traffic (Buyer), Gatso Beheer B.V. (Target)
Transaction
Sensys Traffic has entered into an agreement to acquire the Dutch company Gatso Beheer B.V
Deal Value
Approximately MSEK 278.
Role
Counsel to Sensys Traffic
Parties
Priveq Investment and RoosGruppen (Sellers), Mediplast AB (Target), Addtech (Buyer)
Transaction
Priveq Investment’s and RoosGruppen’s divestment of Mediplast AB to Addtech
Deal Value
SEK 480 million
Role
Counsel to Priveq Investment
Parties
Scanfil Oyj (Buyer), PartnerTech AB (Target)
Transaction
Scanfil Oyj has made a recommended public takeover offer to the shareholders of PartnerTech AB to acquire all shares in PartnerTech
Deal Value
SEK 443 million
Role
Counsel to PartnerTech
Parties
Bridgepoint's acquisition of Nordic Cinema Group
Transaction
Bridgepoint's acquisition of Nordic Cinema Group from Ratos and Bonnier
Deal Value
SEK 4,700 million
Role
Counsel to Bridgepoint
Parties
Nefab AB (Target), Wallenberg Foundations FAM (Bidder), Nordgren/Pihl family (Seller)
Transaction
FAM's investment in Nefab
Deal Value
SEK 1.1 billion targeted share issue
Role
Counsel to the Nordgren/Pihl family
Parties
Tata Steel (Buyer), SSAB (Seller)
Transaction
Acquisition by Tata Steel of steel service centers in Naantali (Finland) and Halmstad (Sweden) from SSAB
Deal Value
Value not public
Role
Counsel to Tata Steel in Finland and Sweden
Parties
Risenta (Target), Paulig Group (Buyer)
Transaction
The acquisition of Risenta by Paulig Group
Deal Value
Value not public
Role
Counsel to Paulig Group
Rankings
- "Peter Forsberg is one of a kind. He is likeable, pleasant, humble and competent.", Legal 500, 2024
- "Peter Forsberg is extremely good.", Chambers Europe, 2024
- Recognised as world leader in the Who’s Who Legal: Foreign Investment Control 2024
- Ranked among the world's leading practitioners in Competition, Who's Who Legal 2023
- Recommended in EU and Competition, ‘I have worked together with Peter Forsberg in relation to a buy-out process as well as specific competition related matters. He’s attentive, pragmatic, understands the business and has a very nice approach in general.’, Legal 500, 2023
- "Peter is very experienced and well connected, not just locally but also internationally.", EU and Competition, Chambers Europe 2023
- Recommended in EU and Competition, ‘‘I have had the pleasure to work with Peter Forsberg, an incredibly pragmatic, well-skilled and knowledgeable lawyer for more then 10 years. He has been with Hannes Snellman all the time and has helped me out with valuable advice.’ Legal 500, 2022
- ‘Peter Forsberg- partner, excellent analytical skills to find and argue the standpoint for complex juridical questions and to argue our standpoint. David Olander – junior partner, did most of the “heavy lifting” in finding the different applicable laws and practices for the issues accrued.' Legal 500, 2021
- 'Peter Forsberg receives widespread recognition for his handling of merger control mandates. He often represents clients with pan-Nordic interests and has additional expertise in dawn raids and investigations.', EU and Competition, Chambers Europe, 2021
- 'Peter Forsberg is highly praised by clients for his expertise in merger control matters including complex three-to-two mergers. Clients say: "Peter Forsberg is always available and solutions oriented. He is a good listener who does a lot to understand the key challenges in each situation. A trustworthy and straightforward team player."', EU and Competition, Legal 500, 2020
- 'Clients say: ""He demonstrates stellar knowledge of the law and applies it to our business environment."', EU and Competition, Chambers Europe, 2020
- "Competition expert Peter Forsberg recently advised Kinnevik on merger control issues relating to the merger of Tele2 and Com Hem, and handled merger control work for EQT and Cramo.", Legal 500, 2019
- 'Clients describes Peter Forsberg as a "good partner who is very hands-on and knows what's going on, bringing value to the project."', EU and Competition, Chambers Europe, 2019
- 'Peter Forsberg represented EQT in proceedings initiated by the SCA over the client’s SEK2.3bn acquisition of data communication services provider DGC One.", EU and Competition, Legal 500, 2018
- "Peter Forsberg has extensive experience across a broad range of competition matters, including merger control, cartels, abuse of dominance, compliance and regulatory matters. Sectors of particular expertise include life sciences, energy, financial services and telecommunications.", Chambers Europe, 2016
- Ranked as Notable practitioner, Competition/European Law (Sweden), Life Sciences (Sweden), Chambers Europe, 2015
- Ranked as one of the world's leading competition lawyers, Who's Who Legal and Global Competition Review, 2015
- 'According to one client, Peter Forsberg is "one of the very best competition lawyers in Sweden."', Legal 500, 2014
- Ranked among the best lawyers in the 2013-2017 editions of Best Lawyers®, Competition/Antitrust Law (Sweden)
Memberships and Positions of Trust
- Member of the Swedish Bar Association
- Member of the ICC Public Procurement Task Force
- Member of ICC Sweden reference group Competition
Publications
- The Public Competition Enforcement Review, 2021
- ICLG Merger Control Laws and Regulations 2021
- The Public Competition Enforcement Review, 2020
- Global Legal Insights: Cartels 2020
- International Comparative Legal Guide to: Cartels & Leniency 2020
- The Public Competition Enforcement Review, 2019
- Global Legal Insights: Cartels, 2019
- International Comparative Legal Guide: Cartels & Leniency, 2019
- Global Legal Insights: Merger Control, 2018
- The Public Competition Enforcement Review, 2018
- Global Legal Insights: Cartels, 2018
- The International Comparative Legal Guide: Cartels & Leniency, 2018
- The Public Competition Enforcement Review, 2017
- Global Legal Insights: Merger Control, 2017
- Global Legal Insights: Cartels, 2017
- The International Comparative Legal Guide: Cartels & Leniency, 2017
Education and Professional Background
- Partner, Hannes Snellman, Stockholm, 2011
- Specialist Partner, Hannes Snellman, Stockholm, 2010
- Advokatfirman Vinge, Stockholm and Brussels, 2002 - 2010
- Master of Laws, Stockholm University, 2002
- Bachelor of Social Science, Stockholm University, 2002
- The London School of Economics and Political Science, 1999 - 2000