We advised KPK Yhtiöt Plc on the purchase of the majority of the shares in Suomalainen Lehtipaino Ltd. After the transaction KPK Yhtiöt -group will be the second largest local media house in Finland. After the transaction the group publishes altogether 16 local newspapers, eight city newspapers, two regional newspapers and tourist magazines. The turnover of the group is estimated to be around 45 million and the group will employ about 420 people.
We advised the owners of Logistikas Oy and Logistikas Hankinta Oy on the sale of majority shares of both companies to Sievi Capital Plc. Logistikas is a leading Finnish logistics company. The service offering comprises mainly of local logistics, in-house logistics, warehousing services and procurement services. Logistikas operates in six locations in Finland. The Finnish competition authority approved the transaction. https://logistikas.fi/en/news/authority-approval-for-acquisitions-of-sievi-capital-and-logistikas-companies
We have assisted Lyyti Oy in expanding Lyyti’s international business. We acted as Lyyti’s advisor in the acquisition of the local distributor in the French market as well as in Lyyti’s transaction in the Dutch market . Lyyti is an all-in-one event management software that helps organisations create meaningful encounters. Finnish private equity firm Vaaka Partners is the majority owner of Lyyti Oy.
We advised the owners of KK-Kylmäpalvelu Oy on the sale of the entire share capital to Swedish-owned Assemblin. KK-Kylmäpalvelu with its subsidiaries is a leading Finnish provider of maintenance and installation of cold and refrigeration technology, and one of the most profitable and fastest growing companies in the field.
Counsel to PHM Group in several acquisitions in Sweden and Norway. PHM is the fastest growing property maintenance service provider in Finland serving both residential and commercial customers. Its majority stake is owned by a fund managed by Norvestor.
We advised Robotmation, when Reaktor, Dynamik and Korpi Capital invested into the company. Robotmation specializes in automatic packaging lines.
Counsel to Epic Driving School in the acquisition of Safiiri Driving School. Epic is the largest Finnish-owned driving school in the country, and growing fast. The majority owner is a private equity fund managed by Korona Invest.
We advised Cibes Lift Group AB in the acquisition of RH Tekniikka Oy. Cibes is the fastest growing lift company in Finland. The acquisition strengthened the company’s position in retrofit and turn-key lift projects on the Finnish market and increased geographical coverage.
We assisted the City of Turku against several employees in an employment dispute, in which the issue was whether employees working formally in period-based work could be moved over to general working hours. According to the district court and the court of appeal, the City was within its rights to carry out the said revision. The judgment of the court of appeal has not yet become legally valid.
We advised in the sale all the shares in AMH-Systems Oy to JTA Connection Oy. The combined turnover of the new Group exceeds 20 million euro.
We advised Geolinja Oy in the acquisition of the shares of Heapson Oy. Heapson Oy is an installation company for PE plastic piping and membranes. The main focus of its operations is in Terrafame Oy’s mine in Sotkamo. The company’s turnover was more than 16 million euros in 2019 and it employs 70 to 80 people.
Counsel to the management shareholders of PHM Group when a fund managed by Norvestor acquired the majority stake in the company. PHM is the fastest growing property maintenance service provider in Finland serving both residential and commercial customers. The revenue of the group is 120 million euro, and it employs ca. 1,200 workers in Finland and Sweden.
We advised Kuntec in the divestment of its energy infra business to Resolum. The transaction was part of Kuntec’s process to focus on its core business.
We assisted Ovaro Kiinteistösijoitus Oyj in relation to finance transactions amounting to 33 million euros.
We assisted in the sale of the majority stake of Epic Driving School Inc. to a private equity fund managed by Korona Invest. Epic is the second largest and fastest growing driving school in Finland.
We advised the purchaser in the transaction where the management acquired the business of Kuulalaakeri Oy, a subsidiary of Telia Finland Plc.
We advised the shareholders of Dental-Systems Oy in the sale of the whole sharecapital of the company to a Swedish company Unident AB.
We advised the owners of Bo LKV in a transaction, where a private equity fund Saari Partners purchased 52 percent of the company’s share capital from its founders. Bo LKV operates in ten growth centers and has grown almost 70 percent this year. Bo LKV is aiming at over EUR 25 mil. revenue. The marketing, financing and internationalization know-how of Saari Partners and support for the increasing utilization of digitalization in real estate business, were crucial for the entrepreneurs of Bo.
We advised PHM Group in four acquisitions in Sweden. PHM Group provides property maintenance services in Finland and Sweden. The group employs approximately 1200 people and combined revenue totals 120 million euro. PHM belongs to the portfolio of Intera Partners.
We advised the shareholders of Lyyti, a developer of web-based event management software, when the company entered into an investment agreement for selling the majority ownership to the Finnish private equity company Vaaka Partners. Lyyti’s software solution has been used in over 65,000 events. https://nordic9.com/news/lyyti-sells-the-company-to-vaaka-partners-news6763164826/
We assisted Investors House Plc as the company sold a hotel and office property located in Pori city center.
We advised the purchaser in a transaction where Vakka-Suomen Puhelin Oy acquired SataCom Oy. The acquisition essentially strengthens Vakka-Suomen Puhelin Oy’s position as IT-partner of enterprises in the western Finland.
We assisted Bassadone Automotive Nordic Oy in setting up with DNB, a Norwegian commercial bank with strong position in financing of car retail business, a joint venture DNB Auto Finance Oy.
We assisted LSO Osuuskunta, a cooperative, in relation to a share issue and finance transactions of HKScan Corporation, listed in Helsinki.
We assisted Investors House Plc as the company sold approximately 100 apartments to an international investor.
We acted as counsel to EcoEnergy in the sale of biogas plant to Metsä Fibre. The plant is the first, commercial full-scale biogas plant that uses forest-based slurries from pulping process as the feedstock. https://www.paperijapuu.fi/biofuel-from-aanekoski/
We acted as counsel to Porvoon Huoltomiehet on the sale of its real-estate maintenance and support services business to Intera Partners, a private equity firm. The sold business is a fast-growing and leading Finnish provider of real-estate maintenance and support services. The group maintains and provides services to a wide range of residential, commercial and public real estates across Finland. The group has combined revenues of over EUR 40 million and ca. 500 employees. https://www.kkv.fi/en/current-issues/press-releases/2018/31.10.2018-fcca-approves-acquisition-of-porvoon-huoltomiehet-by-intera-partners/
We assisted the shareholders of Amslift Oy in the sale of the entire issued share capital to Swedish Cibes Lift Group’s subsidiary company Cibes Hissit Oy.
We advised in the merger of Aura Klinikka and Medisonar Oy. The services of the new medical center created in the merger include infertility research and fertilization treatments, gynecological services, ultrasound, urology, sexual therapy and physiotherapy.
We advised the sellers in a transaction in which Tekme Oy, company owned by the city of Hämeenlinna, the health care district of Kanta-Häme and the health care center of Riihimäki; and Linnan Ateriapalvelut, a company owned by the city of Hämeenlinna were sold to Palmia Oy.
We assisted Orava Residential REIT Plc as the company transformed into Ovaro Kiinteistösijoitus Oyj and was relisted to Nasdaq Helsinki Ltd. Our service included applying Financial Supervisory Authority for a decision on the applicability of the AIFM Act on the company, preparing and executing the amendment to the company’s articles of association as well as assisting in the relisting procedure of the company’s stock. The structural change enabled Ovaro Kiinteistösijoitus to become the first Finnish company to abandon the REIT status.
We assisted the shareholders of HyTest Ltd in the sale of the majority shareholding to a private equity fund Summa Equity. Our advice included tax structuring for the sellers and drafting and negotiating the documents relating to the transaction including the sellers’ re-investment. Hytest Ltd is a company producing antibodies and antigens for the diagnostic industry. The company, based in Turku, Finland, now has around 100 employees. HyTest Ltd’s customer base includes a large number of companies that supply IVD equipment, including many of the global leaders in the IVD market. The company is active across the globe, including US, Asia and Europe. More information: https://www.hytest.fi/news/summa-equity-acquires-finnish-antibody-manufacturer-hytest
We assisted Plantui Oy in negotiations with BSH Hausgeräte GmbH:n (Bosch) regarding a partnership agreement.
We assisted Auto-Bon Oy, which is a part of the Bassadone Automotive Group, in expanding its business in the Baltics in a transaction where it bought K.W. Bruun Baltic OÜ from its Danish owner. As from closing of the transaction Bassadone Automotive Group imports Peugeot cars in Estonia, Latvia and Lithuania.
We assisted the shareholders of Adicio Ltd., a staffing company, in the sale of the majority shareholding to Restamax Plc’s subsidiary. Adicio Ltd. has specialized in providing temporary construction employees from abroad.
We advised Optomed Oy in the acquisition of Commit; Oy. Optomed Oy is a fast growing Finnish medical technology company specializing in retinal imaging devices and solutions. Commit; Oy develops and sells proprietary software solutions for healthcare organizations. Through the acquisition these two companies form a strong international provider of complete solutions for screening of different diseases.
We assisted US based PerkinElmer Inc. in making an investment in Nightingale Health Ltd. The investment is part of the strategic collaboration to develop novel precision medicine solutions to address the global burden of diseases.
We assisted Investors House Oyj in entering into a contract regarding the purchase of the share majority of Dividend House Oy. Dividend House is a Finnish fund management company. After the closing of the transaction we assisted Dividend House in applying for AIFM license. The purpose was to increase the company’s range of funds to alternative investment funds.
We assisted Porvoon Huoltomiehet Oy in the sale of its subsidiaries specialized in industrial cleaning and sewer services to Delete Group Oy. The total net sales of the transferred companies is EUR 20 million euro.
We assisted Booky.fi Oy in the acquisition of Porvoon Kirjakeskus Oy, one of the two major logistics operators in the book industry in Finland, from Bonnier Kirjat Suomi Oy.
We assisted Creativ Company A/S in the acquisition of 65 per cent of the shares of Sinelli Oy from three private shareholders. After the acquisition Creativ Company A/S holds 90 per cent of the shares in Sinelli Oy.
We assisted Arjasmaa Yhtiöt Oy in the acquisition of a well respected Helsinki based construction company Rakennus Oy Isotalo where Arjasmaa Yhtiö Oy acquired in the first phase a majority of the shares in Rakennus Oy Isotalo. The acquisition also contained a call option to purchase the remaining shares within 3-5 years.
We assisted Investors House Plc when the company made and executed a public takeover bid for the shares of Orava Residential REIT plc. Through the execution of the public takeover bid, Investors House Oyj became the main owner of Orava Residential REIT plc with a 25.2 percent share.
We are assisting the shareholders of new Onvest Oy in the demerger of the existing Onvest Oy. The two new companies to be established in the demerger will continue their businesses as independent companies based on the values and experience of a Finnish family company. Onvest Group is an eminent Finnish family company employing approximately 3,000 employees. The company’s turnover was 1,035 MEur.
We assisted Fromm Group in the acquisition of the shares of Octomeca Oy. Octomeca manufactures automatic stretch wrapping machines, and 90 % of its production is exported.
We assisted the seller in a transaction whereby Asiakastieto Group Plc acquired the entire capital stock of Emaileri Oy, which is established through a division from Websonic Oy, a provider of services in electronic communications and marketing.
We have assisted Stockmann Plc in divestment of its premium food business Stockmann Herkku to S Group. In the transaction Stockmann’s premium food retail business Stockmann Herkku comprising of operations in six stores were sold to regional cooperatives HOK-Elanto, Turun Osuuskauppa, Pirkanmaan Osuuskauppa as well as to Meira Nova Oy and SOK Corporation. Through the divestment Stockmann ensures continued footfall in its stores whilst the purchaser acquires a premium food chain developing thereby its total offering.
We assisted Investors House Oyj in a share exchange through which the company made an acquisition of the remaining shares of Kampus Skinnarila Oy which was already 30 percent owned by the company. We also assisted Investors House Oyj in listing the new shares issued in the share exchange and in drafting the listing prospectus in accordance with the Finnish Securities Markets Act.
We assisted the sellers in the sale of shares in Neo Terveys Oy to Mehiläinen Oy. Neo Terveys Oy had previously approximately 100 shareholders who felt that the transaction brings new possibilities and stronger resources to develop Neo.
We assisted Bassadone Group who already imports multiple brands into Finland in expanding its business in a transaction and related competition authority filing regarding a combined deal involving shares of Auto-Bon Oy and assets of Maan Auto Oy. Through the transaction Bassadone will take over import and sales of Peugeot, Citroën and DS brands. The closing of the transaction is subject to the consent of the Finnish Competition and Consumer.
We acted for Stockmann Plc in the closing of the sale of its Hobby Hall -division to a new subsidiary of SGN Group Oy in a project transferred to us.
We assisted the sellers in the sale of Sormat Oy to the German EJOT Group.
We advised in the sale of Opteam Lounais-Suomi Oy.
We assisted Booky.fi Oy in the acquisition of approximately 90 per cent of the shares of BTJ Finland Oy from BTJ Sverige AB.
We acted as counsel to Rocsole Oy in a financing arrangement in which a substantial investment to Rocsole Oy was completed by Shell as a lead investor.
We advised in the sale of Ursuk Oy’s shares to a Belgian listed company Sioen Industries. Ursuk Oy manufactures state of art dry suits for diving, fishing and professional use in an extreme environment under the brand name Ursuit.
We assisted Investors House Oyj in the acquisition of Skinnarila campus and service business unit from Technopolis Oyj.
We assisted the shareholders of Tietokeskus group when Vaaka Partners acquired a 67 per cent interest in Tietokeskus group. The current management will continue as minority shareholders.
We advised Plc Uutechnic Group Oyj in the share issue directed to the personnel of the Company and in the listing of the issued shares as well as in the compliance issues related to the notification obligations of the Security Markets Act.
We acted as legal counsel to Suomen Metsäkeskus, an entity run by the Finnish Ministry of Agriculture and Forestry, in a sale of OTSO Metsäpalvelut business unit to company established by Helmet Business Mentors Oy and the current management of the business unit.
We advised AW-Energy Oy when the European Investment Bank made a 10 million euro investment in the Company. AW-Energy’s WaveRoller is the first project to be supported by the InnovFin Energy Demonstration Project (EDP) programme
We advised TicBits Oy when Animoca Brands (listed in Australia) acquired the shares of the Company
We acted as counsel to TunturiTec Oy in the acquisition of W-Rix Oy from Econet Group
We advised EET Europarts Oy in acquisition of all shares of VisioStore Oy
We advised Corporate Spirit Oy in an asset acquisition of IC Insight Oy
We represented Arjasmaa CC Oy in the acquisition of the majority of shares in Rakennusliike Kemppe Oy
We acted as counsel to Korona Invest’s Palvelurahasto in acquisition of all shares of AAC Global Oy from Sanoma Corporation
We acted as counsel to NEO Terveys Oy in an asset acquisition of occupational health service unit in Turku from Lääkärikeskus Aava.
We acted as counsel to Rocsole Oy in a financing arrangement which included a substantial investment by a Spanish oil and gas company Repsol
We represented Aurealis Pharma, a biopharmaceutical company, in an international financing arrangement
We advised Food Folks & Fun Oy in the asset sale of five McDonalds restaurants
We advised Investors House Oyj in drafting of a prospectus in accordance with the Finnish Securities Markets Act and in a share issue
We represented a family business in a case regarding an effect of a group contribution to minority dividend in which the Supreme Court, simultaneously with the so called Finnlines-case, dismissed all the claims made by the minority shareholders
We advised Dometal Oy in an asset acquisition of Vieskan Metalli Oy
We acted as counsel to Hexaplan Oy in a case regarding a delivery of an e-commerce system in which the arbitral tribunal appointed by the Finland Chamber of Commerce decided to allow Hexaplan Oy’s claims and dismiss all of the opposing party’s claims
We advised Optomed Oy in preparation of an investment by Robert Bosch Venture Capital GmbH to the company
We acted as counsel to the shareholders of Neljä Astetta Oy regarding the sale of all shares to UK-based Core Assets Group Ltd
We advised in the establishment of a new venture capital fund Kasvattajarahasto Ky and in the acquisition of the marketing permission from Financial Supervisory Authority (FIN-FSA)
We represented Huttulan Kukko Oy in its asset sale to a subsidiary of Scandi Standard AB
We represented Aboa Venture Management Oy and the management in the acquisition of all shares in Uudenkaupungin Työvene Oy
We advised Teleste Plc. regarding the acquisition of Mitron Group Oy Ltd
We acted as counsel to Ledil Oy in the sale of the majority shareholding to Swedish Ratos at an enterprise value of 97 million euros
We represented the shareholders of Petrasol Oy regarding the sale of all shares to UK-based Regus Group
We represented Sataservice Group Oy in the sale of its operating companies to an investor group led by Vaaka Partners
We represented Röchling LERIPA GmbH & Co. KG in the divestment of Röchling Leripa Papertech Service Oy
