DLA Piper has announced that it will join with leading Swedish law firm, Grönberg Advokatbyrå, adding to its existing pan-Nordic presence. The target date for the merger is set for 1 October 2016.
Launched in 1929, Grönberg Advokatbyrå is one of Stockholm's oldest law firms, with particular strengths in litigation, corporate, insolvency and compliance. Once merged, the firm's 28 employees, including 21 lawyers, will relocate to DLA Piper's Stockholm office.
In February 2016, DLA Piper became the first global law firm with a truly pan-Nordic presence after joining with Finnish law firm, Peltonen LMR, in Helsinki and integrating more closely with its existing office in Sweden, formerly known as DLA Nordic. Together with its existing offices in Oslo the firm has a strong Nordic presence, with over 200 lawyers and capability in each of its key sectors, including: Financial Services; Technology; Energy; and Real Estate, as well Infrastructure & Construction.
Simon Levine, Global Co-CEO at DLA Piper, said: "We have already demonstrated a commitment to the Nordic region and the opportunity to join with an established firm such as Grönberg Advokatbyrå further supports this. As part of our global strategy we will continue to grow and develop our capabilities to meet the needs of our clients in all of the major world economies and other important markets in which they do business."
Gustaf Reuterskiöld, Country Managing Partner at DLA Piper in Sweden, said: "Grönberg Advokatbyrå is an esteemed firm with many prominent lawyers and we are delighted to welcome them to DLA Piper. By merging with Grönberg Advokatbyrå we will strengthen our full service offering, particularly in litigation, corporate, insolvency and compliance."
Lars Wiking, partner at Grönberg Advokatbyrå, added: "Our firm is successful and we are proud to be a leading player in our specialist areas, however, for some time we have sought be part of an international firm and are convinced that the future of business law requires international firms with strong local offices. From the start, DLA Piper felt like the right fit as we both have a long history of operating in the Swedish market and share similar values. Now we can offer our clients access to unparalleled capability, both in the Nordic market and globally."