16 Oct 2025

"FAM AB Becomes Largest Shareholder in GreenIron H2 AB Following SEK 125 Million Investment"

"Vinge has advised FAM AB, part of the Wallenberg Foundations, on its investment in GreenIron H2 AB, which raised SEK 125 million in funding, making FAM the largest shareholder. GreenIron, a Swedish company, specializes in the fossil-free reduction of metal oxides and is nearing the start of commercial operations at its production site in Sandviken."

**Law Firms Involved in the Transaction:** Vinge has advised FAM AB, owned by the Wallenberg Foundations, in connection with its investment in GreenIron H2 AB. **Transaction Overview:** In this transaction, GreenIron raised a total of SEK 125 million in additional funding from existing shareholders, with FAM now becoming the company’s largest owner. GreenIron is a Swedish company focused on the cost-efficient, fossil-free reduction of metal oxides to pure metals and is currently in the final stage before commercial operations, undergoing hot commissioning of its first production site in Sandviken. **Legal Team:** The Vinge team involved in this transaction included: - Jonas Johansson (M&A) - Maria Dahlin Kolvik (M&A) - Alva Thörn (M&A) - Sebastian Örndahl (FDI) - Fredrik Hellström (FDI) - Hampus Peterson (FDI)
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