We advised Auris Kaasunjakelu, a portfolio company of SL Capital Partners, on its acquisition of Gasum’s natural gas retail business and heat business in 13 areas in Finland.
We also advised on the financing of the acquisition and negotiated and prepared the acquisition finance documentation with OP Corporate Bank and SEB and dealt with shareholder funding issues in connection with the acquisition. We also advised on the competition law aspects of the project.
Auris Kaasunjakelu Oy owns and operates gas distribution networks in 13 areas in Finland and is committed to the development of the business functions acquired by it as well as the local distribution of gas. The company was founded in June 2015 following the sale of the shares of Gasum Paikallisjakelu Oy and Helsingin Kaupunkikaasu Oy by Gasum to the investment company SL Capital Partners, a subsidiary of Standard Life Investments, a UK firm.