News

Presto Group, backed by Adelis Equity Partners, has completed yet another successful acquisition in Denmark. Presto Group has acquired Parat ApS and thereby further strengthened its position in Denmark.

As of 1 January 2024, Great Prayer Day will no longer be considered a public holiday in Denmark, but instead a normal business day. This will have an impact on all employees who previously had a day off or received compensatory time off on Great Prayer Day as they will now be required to work one extra day during the year.

The government has recently presented a law proposal on green aviation, suggesting a passenger tax on flights. Therefore, air travel is expected to be more expensive from 2025.

NIBE Industrier AB, a Swedish listed company, has acquired 70% of the shares in LS Control A/S, a Danish company that develops and sells electronics for control and regulation. The remaining 30% of the shares will be acquired by 2028 at the latest.

StockRate Asset Management has been acquired by Max Matthiessen, a Swedish advisory firm backed by Nordic Capital. The deal was finalized on 1 November 2023, following the acquisition of PensionsSelskabet pension & health care services by Max Matthiessen earlier this year.

The highly M&A active Swedish Presto Group, backed by Adelis Equity Partners, has acquired Danish SafetyGroup ApS to bolster its presence on the Danish market.

Aeven has acquired Sentia, a Danish supplier of cloud solutions. With the acquisition, Aeven is on the path to expansion and growth, strengthening its capabilities and customer base, particularly among Danish SMEs.

Trifork Holding AG has acquired the Danish software solution provider Chapter 5 A/S to expand its FinTech presence in Denmark. With the acquisition, Trifork and Chapter 5 have the aim of developing NextGen technologies for existing customers in both companies as well as targeting new customers, primarily within the financial sector.

Lund Elmer Sandager has contributed with an enlightening chapter on complex commercial litigation, which provides updated insights into the Danish legal limitation disputes in this prestigious, international guide.

On 29 June 2023, the first part of the European Parliament and Council Regulation (EU) 2023/1114 on markets for crypto assets (hereinafter MiCA) entered into force. In this update, our banking and finance law specialists take a closer look at the overall distinctions in MiCA. You will also get a summary of the regulation that has now entered into force and the regulation awaiting in 2024 in connection with the remaining parts of MiCA.

On 3 August 2023, the Danish Financial Supervisory Authority disclosed a consultation on the Danish executive order on foreign UCITS’s marketing in Denmark. In this article, you will get an overview of the proposed amendments that may be important to you.

Max Matthiessen, a Swedish advisory firm specializing in pensions, insurance, and investments, has taken a step towards broadening its presence by acquiring PensionsSelskabet pension & health care services, thereby marking its entry into the Danish market.