Obtaining merger control clearance for EAB’s investment in Elcoline

We advised EAB Private Equity on its investment in Elcoline, including obtaining the merger control approval from the Finnish Competition and Consumer Authority.

EAB Group, including EAB Private Equity, was recently merged with Finnish listed fund management company Evli with the purpose of creating Finland’s leading asset management and investment services company providing services to private investors, institutions and investment professionals.

Elcoline, a Nordic growth company specializing in industrial maintenance and service, employs more than 600 industrial service professionals in Finland and Sweden and its customer base includes well-known international industrial companies such as ABB, Andritz, Meyer, Outokumpu, Parmaco and SSAB.

Case Reference: Investment in Elcoline