References

We always keep the names of our clients and other information about our assignments strictly confidential, but we have obtained express consent of the companies mentioned here to disclose this information.

2.1.2023

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.

21.12.2022

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.

19.12.2022

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.    

2.12.2022

BST Finland

Counsel to BST Finland in the acquisition of PK Sprinkleriasennus. BST is a leading Nordic fire safety operator with an annual turnover of over EUR 140 million. Their majority shareholder is Norvestor’s fund.

14.10.2022

Delfoi Robotics Oy

We advised Delfoi Oy in a partial demerger where the robotics software business was spun off to Delfoi Robotics Oy and in the divestment of Delfoi Robotics Oy to Visual Components Oy. The sold robot offline programming business provides many industrial solutions.

5.10.2022

Pocadel Oy

We advised Pocadel Oy in the sale of its shares to the Norwegian IMS Group AS. Pocadel Oy is a manufacturer of demanding glazed fire doors and walls used onboard ships and at offshore sites. Over the last 25 years, the company has grown into an international market leader, especially in the supply of grade A and B fireproof glass structures for cruise ships.  Approximately 80 % of Pocadel products are exported.  The most important export destinations are Italy, France, and Germany. The company’s production facilities are located in Sauvo, Finland and the design office is in Turku, Finland. https://pocadel.fi/norwegian-ims-group-as-acquires-pocadel-oy/

4.10.2022

Pian Pakari

We advised the bakery Pian Pakari regarding the investment in Royal Bakery.

20.9.2022

Malkit Oy

Kubera’s advisor in the sale of Malkit Oy to Swedish-owned Ahlsell. Malkit provides its customers a complete range of facility management and maintenance products.

15.9.2022

Stera Group

We assisted Stera Group Oy in acquiring Protopaja Oy’s entire share capital. As the result of the acquisition, AMP-Himek Oy — as the former owner of Protopaja Oy — becomes a shareholder of Stera Group Oy.

Protopaja Oy is one of the leading manufacturers of fine sheet metal mechanics in the Nordic countries. It has been in operation for nearly 50 years and employs 35 people in Naantali and has a turnover of around 5 million euro. The acquisition will enable Stera to expand its technological offering of contract manufacturing services as well as strenghten the position of its SteraTools business in the European tool market.

19.7.2022

Go On and Feelback

We advised the shareholders in Go On companies and Feelback when a fund managed by Korona Invest acquired the companies. The turnover of the acquired businesses in personnel services is some 50 million euro.

5.7.2022

Oy Hacklin Ltd and Port of Pori

Counsel to Oy Hacklin Ltd in the sale of stevedoring subsidiaries and real estate in the port of Pori, and to Port of Pori Ltd. in the sale of crane business. The purchaser was jointly Olmar Management B.V. and Stichting Depositary PGGM Infrastructure Funds from the Netherlands. https://newssudden.com/pggm-olmar-accomplice-to-focus-on-european-port-logistics-infrastructure-information/

22.6.2022

Investors House Oyj

We advised Investors House Oyj, a company listed on Nasdaq Helsinki, in acquiring Infonia Oy’s shares. Infonia is known as a knowledgeable property asset manager and brings a strong addition to Investors House’s property asset management, extending its geographical domain to Central Finland, Kuopio and Tampere.

16.6.2022

Ovaro Kiinteistösijoitus Oyj

We assisted Ovaro Kiinteistösijoitus Oyj, a company listed on Nasdaq Helsinki, in acquiring an office property in Tampere with a debt-free purchase price of EUR 6 million and with an area of approximately 10,000 square meters of leasable premises. Last year, Ovaro sold a significant number of residential properties and the paid off all the parent company’s loans so that it is now net debt-free. With a share of the accumulated cash reserves, Ovaro now completed an acquisition consistent with its strategy.

6.6.2022

InOva Oy

We advised Fertia Oy in the divestment of InOva Oy. The purchaser Ovumia is the leading chain of clinics offering fertility treatments in Northern Europe.

2.5.2022

Raisio plc

Counsel to Raisio plc in the divestment of its consumer business in Russia and Russian subsidiary.

8.4.2022

BST Nordic AB

We had the pleasure to advise BST Nordic AB in the acquisition of Paloff Sammutusjärjestelmät Oy and Paloff Insinööritoimisto Oy. BST is the leading Swedish fire safety operator with an annual turnover of EUR 100 million. Their majority shareholder is Norvestor’s fund.

28.3.2022

Veke and Sentica Partners

Counsel to Veke when funds managed by Sentica and Snowball Growth Partners invested into the company. Veke has during the past few years grown into one of the largest retailers in the furniture and décor eCommerce in Finland.

11.3.2022

MEYER Group

We had the pleasure to assist MEYER Group to form a joint venture with Admares Marine. New Meyer Floating Solutions is focused on developing and manufacturing high quality floating real estate. Meyer Floating Solutions will utilize Admares Marine’s patents and expertise and Meyer’s manufacturing capacity. https://www.maritime-executive.com/article/cruise-shipbuilder-meyer-group-expands-into-floating-real-estate

1.3.2022

Tiliamppari Oy

We advised Tiliamppari Oy in selling its business to Aallon Group Oyj. The deal was an asset deal where part of the purchase price was paid by cash and part by the purchaser’s shares in a directed share issue.

Other references »