Clifford Chance

Clifford Chance advises Rivean Capital's portfolio company, sustainable business gifts provider Xindao, on its acquisition of Vinga

International law firm Clifford Chance advised Xindao, a portfolio company of its long-standing client private equity investor Rivean Capital, on the acquisition of Vinga AB, one of the leading Nordic providers of business gifts and gift cards.

The acquisition strengthens Xindao’s position as the leading European provider of sustainable business gifts. Xindao and Vinga have complimentary organisations and share a similar product vision and management culture. Xindao will benefit from Vinga’s extensive experience in gift cards, whereas Vinga will leverage Xindao’s market-leading sustainability knowledge. Read more about the acquisition here. 

This transaction builds on Clifford Chance's market-leading Private Equity and Consumer Goods and Retail sector expertise. The team in Amsterdam consisted of Pieter Leefers and Jorrit Sijl under the supervision of Stephanie Horowitz and Tim Heerschop (Corporate).