References

Ahooy Creative

We assisted Ahooy Creative Oy in a business transaction, wherein Ahooy Creative Oy acquired a business unit related to digital marketing from Talentree Oy.

Topi Riivari Oy

We advised the sellers in the sale of shares in Topi Riivari Oy to Cervi.

Luonkos Finland Ltd

Counsel to Luonkos Finland in the sale of natural cosmetics business to E-Brands Global. Luonkos was born out of the desire to create sustainable and ecological products that are better for both skin and nature.

L-Group

We advised L-Group Oy and its shareholders on an arrangement wherein L-Group Oy established a subsidiary, HL-Hydraulics Oy, to acquire business activity from Hydroline Oy. In the transaction businesses formerly conducted by Hydroline Oy, i.e. the maintenance and repair business as well as the business of designing and manufacturing project cylinders, were transfered to HL-Hydraulics Oy.

Envor Group

We advised Envor Group in the sale of Envor’s biogas business to Nevel. The sold business is one the largest biogas platforms in Finland, which have a combined energy output of 51 GWh. The parties also agreed on long-term co-operation regarding biodegradable material-based side stream processing operations.

SoftCompounder

Advisor to SoftCompounder Oy (Softhaven) in the acquisition of 40% stake in MP Soft Oy. SoftCompounder supports Finnish software companies to take the next step and reach their full potential. MP Soft develops integrable quality and automation solutions for CAD and product lifecycle management software.

Investors House Plc ja Ovaro Kiinteistösijoitus Plc

We assisted the consortium formed by e.g. Investors House Plc and Ovaro Kiinteistösijoitus Plc in the real estate agreements concluded with the wellbeing services county of Central Finland, through which the project related to the area of Jyväskylä’s old central hospital advances to the project development phase. It is planned to build in the area primarily apartments for an estimated cost of around 300 million euros.

Logistikas Oy

Counsel to KH Group Plc, Olderman Oy and other shareholders in the sale of all shares in Logistikas Oy to Logent AB at an enterprise value of 23.5 M€. Logistikas has a strong reputation and a solid client base in contract logistics, including both dedicated solutions, a complementary multi-client warehousing offering and transport management services.

BST Finland

We advised BST Finland in the acquisition of PK Sprinkleriasennus. BST is a leading Nordic fire safety operator with an annual turnover of over EUR 150 million. Their majority shareholder is Norvestor’s fund.

Aura Klinikka

We advised medical clinic Aura Klinikka in the divestment of certain business segments. Mehiläinen acquired the in vitro fertilization business and Aava the gynecological clinic business.  

Porin Hammaspalvelu Oy

Counsel to Porin Hammaspalvelu Oy in the acquisition of a dental clinic from Terveystalo Plc.

Hansdotter

Advisor to marketing agency Hansdotter Oy in the acquisition of Mediascope Oy’s digital web service business. 

Musti Group

We assisted Musti Group in the acquisition of full ownership of the petfood factory Premium Pet Food Suomi Oy. Musti Group works to promote a greener society actively seeking ways to reduce logistics emissions and aiming at using 100% renewable energy sources in the Nordic operations. The acquired factory contributes to this goal, as all the energy used in the manufacturing process is fully renewable, and the factory has its own solar panels that contribute to the overall energy need of the factory.

PerkinElmer Inc. and Wallac Oy

We advised PerkinElmer Inc. and the Finnish subsidiary Wallac Oy in the divestiture of their Applied, Food and Enterprise Services businesses to New Mountain Capital, as regards the business in Finland.

Raisio Plc

Counsel to Raisio Plc in the divestment of Raisioaqua fish feed business. The purchaser was a consortium of Finnforel, Heino Group and AllTech Corporation.

Uudenkaupungin Työvene Oy

Counsel to the owners of Uudenkaupungin Työvene Oy when Baltic Workboats AS acquired 50 % ownership in the company. Työvene builds high-quality marine vessels in both aluminium and steel. The company is the leading Finnish manufacturer of professional vessels.

LVI-Press Oy

We advised the sellers in the sale of shares in LVI-Press Oy to Bravida: https://www.bravida.se/en/investors/financial-information/press-releases/2022/bravida-finland-acquires-lvi-press-oy-and-establishes-itself-in-southwestern-finland/

BB Logistics

We assisted the owners of BB Logistics Oy in an arrangement in which a substantial part of the company was sold to Euroports Finland Oy. BB Logistics is a fast-growing, reliable logistics service provider operating in five ports in Finland – Kemi, Oulu, Kristiinankaupunki, Kaskinen and Hamina. Responsibility is at the heart of the operations, and this is reflected into focus on safety, environment, and quality.

Stockmann plc

We represented Stockmann plc in a court case regarding former subtenant’s claim for damages based on the premature termination of a subtenancy in connection with the termination of the tenancy agreement between Stockmann and its landlord. All instances, finally the Supreme Court of Finland, confirmed Stockmann’s view that the claim shall be treated as a restructuring debt.

Bassadone Group / Auto-Bon Oy / Autoverkkokauppa.fi

We have assisted Bassadone Group in two transactions. Auto-Bon Oy has signed on 28 November 2022 an agreement to acquire from Länsiauto Oy the import of Opel into Finland and the Baltics as well as an Opel-dealership in Tallin. In the second transaction, signed on 15 December 2022, Autoverkkokauppa.fi will acquire dealerships from MetroAuto Oy in Tampere and Espoo-Niittykumpu.

Completion of the share transaction as well as the business transfers are conditional subject to competition authority approvals in Finland and in the Baltics.