High Level of Deal Activity Continues
In line with global development, the transaction market in Finland continued booming through H1/2021.
“Looking at the second half of 2021, we continue to see an exceptionally strong pipeline of deals and are expecting a lot of interesting transactional work”, says Jan Ollila, Head of Transactions at D&I.
“In this period of great demand, our focus is on maintaining our client service and the quality of our work at the high level we are known for” says Wilhelm Eklund, Head of D&I’s Private Equity practice.
D&I is the go-to law firm for many sophisticated market players when it comes to large and complex deals in, into and out of Finland, the Nordics and the Baltics.
D&I’s Transaction Powerhouse has been engaged for instance in the following transactions in Q2 of 2021:
Merger of Valmet and NelesWe advise Solidium, the largest shareholder in Valmet, in the combination of Valmet and Neles through a statutory merger. |
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Acquisition of part of Telia Company’s tower business in Finland and NorwayWe advise Brookfield, investing through its core-infrastructure fund, together with Alecta, on the acquisition of 49 percent of Telia Company’s tower business in Finland and Norway. |
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Acquisition by KLAR Partners of QMGWe advise funds advised by KLAR Partners in the acquisition and related financing of QMG, one of Finland’s leading players in technical installation and services within electricity, heating, ventilation, sprinklers and automation. |
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Acquisition by KEPCO of 49% stake in Louhukangas and Möksy wind farmsWe advised Japan’s Kansai Electric Power Company on the Finnish law aspects of its acquisition of a 49% stake in two onshore wind farm projects from the Finnish renewable energy developer Ilmatar. |
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Sale by OMERS Infrastructure of its 40% interest in CarunaWe advised OMERS Infrastructure in the Finnish aspects of its sale of 40 percent indirect shareholding in Caruna to Ontario Teachers’ Pension Plan Board and KKR. |
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Acquisition by Hexagon of ImmersalWe advised Hexagon AB in the acquisition of Immersal Oy, a pioneer and leading innovator of spatial mapping and visual positioning solutions used to produce AR applications. |
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Acquisition of the 88 MW Puskakorpi onshore wind farm projectWe advised Foresight Energy Infrastructure Partners on the Finnish law aspects of its acquisition of an onshore wind farm project in Finland from a development consortium. |
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Acquisition by Veho of DomenikssWe advise Veho on its acquisition of Domenikss, an importer and retailer of Mercedes-Benz vehicles in Latvia.
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Superstruct Entertainment enters investment and partnership agreement with Tuska FestivalWe advised the shareholders of Finnish Metal Events Oy in signing an investment and partnership agreement with Superstruct Entertainment. |