The battle for Hogia settled – the founder won

Published by head • 24 april 2024 •
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Hogia’s founder Bert-Inge Hogsved won over his sons in the Court of Appeal following a long-running family feud. Photo: Emma Sovit.

The infected family feud over the IT company Hogia has been settled, reports Dagens Nyheter. The founder Bert-Inge Hogsved won over his sons in terms of control of the company, which has many customers in Swedish public transport, both among operators and principals.

Bert-Inge Hogsved’s two sons Markus and Johan together own 30 percent of the shares in the company. They had requested the Uddevalla District Court in the spring of 2020 that the company be liquidated because they feared that the father would disinherit them by transferring all of Hogia’s assets to a foundation.

The sons argued that this would effectively make it impossible for them to sell their own shares.

The accusations are still in the air. Among other things, Hogia claimed that the sons have key positions in companies that conduct business directly competing with Hogia, as well as that certain information is very sensitive to Hogia and would seriously damage the company from a competitive point of view if it fell into the wrong hands.

The sons lost in the district court and were also forced to pay 2.4 million in legal fees. They did, however, proceed to the Court of Appeal for Western Sweden in Gothenburg.

The Court of Appeal has now upheld the district court’s judgment. In addition, the sons must pay roughly SEK 797,000 for Hogia’s legal costs in connection with the process in the Court of Appeal.

Tagged as: Bert-Inge Hogsved, Hogia, IT

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