References
See some of our latest references below.
Investment in Sampo-Rosenlew Oy
Mergers & Acquisitions
We advised Mahindra & Mahindra Limited in its add-on investment in combine harvester and forestry machine manufacturer Sampo-Rosenlew Oy. M&M hiked its stake in Sampo from some 79 % to 100 % by executing its call option right under an option exercise share purchase agreement.
Mahindra Group is one of the largest multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.
Sampo’s key market areas are the Nordic countries, Europe, North Africa, and the CIS countries. Its turnover for the financial year that ended on 31 March 2022 was EUR 52 million. Following the transaction, M&M and Sampo will jointly focus on the combine harvester and specialty harvester business in Asia, Africa, the Eurasian Economic Union countries, and Latin America. Mahindra’s scale in tractors and Sampo’s expertise in combine harvesters allow both companies to offer a broader product portfolio to address the needs of farmers in various countries.
Acquisition of Rönnqvist business
Mergers & Acquisitions
We advised E3-Marin on the acquisition of the brand and business of Ab Kenneth Rönnqvist Oy, a reputable Finnish boat brand manufacturing Rönnqvist boats since 1976. E3-Marin is a renowned family-owned boat dealership founded in 1990. With the acquisition, E3-Marin will further expand its business into boat manufacturing and solidify its leading position as the retailer of Rönnqvist boats. The founder of Rönnqvist boats will continue manufacturing the Rönnqvist boats by way of a service agreement to ensure the high quality of the Rönnqvist boats in the future.
Alteams Oy
Finance & Restructuring
We advised Alteams Oy in connection with the refinancing arrangements of the Alteams Group. Alteams Group offers innovative thermal management and aluminium casting solutions, and it has several factories around the world, including Finland, China, Poland and joint ventrure in India. Alteams Group is part of the Kuusakoski Group.
Huld Oy
Finance & Restructuring
We advised technology and design house Huld Oy in the financing of the acquisition of software development house Devatus Oy. After the acquisition, Huld employs over five hundred people in Finland and Czechia. The combined turnover of the two companies is over forty million euros.
HopLop
Banking & Finance
We advised the senior lenders in the acquisition of the HopLop Group by CapMan Special Situations. HopLop is a Finnish indoor adventure park company with multiple parks throughout Finland.
Kiosked Oy
Restructuring & Insolvency
We acted as the advisor in the application for restructuring proceedings of Kiosked Oy Ab, a programmatic advertising technology company.
Kiosked, founded in 2010, has since grown quickly into a global company with new technologies, ad units, and monetization strategies. Kiosked has, for example, developed the world’s first programmatic platform for in-content ads. It currently has offices in Finland, the USA, United Kingdom, Japan, Singapore, and Australia.
North Wall Capital
We facilitated the sale of a significant amount of Stockmann Plc’s restructuring debt from individual trade creditors to North Wall Capital, a London based investment firm.
Novosan Ltd
Dispute Resolution
We advised Novosan Ltd in different contractual dispute resolution matters as well as in ownership restructuring and other general contractual and commercial matters.
Sale of Padel Club Finland
Mergers and Acquisitions
We advised the founders and owners of Padel Sports Oy in the sale of their shares to Triton, an investment firm focusing on companies with the potential to create sustainable, long-term value through changing economic cycles.
Padel Sports was founded in 2016 and it is the first Finnish padel company. It operates the Padel Club Finland club chain and currently offers playing opportunities at 11 clubs and 56 courts across Finland with an objective of strong growth by increasing its courts in Finland significantly.
The acquisition was a part of Triton’s establishment of LeDap, an international group of padel companies with an aim to become the world’s leading platform of the sport of padel and a vision to actively contribute to making padel an Olympic sport.
SuperPark Oy
Restructuring & Insolvency
We acted as administrator in the restructuring proceedings of SuperPark Oy. The restructuring programme was approved in advance by more than 90% of the creditors and the District Court of Oulu approved the restructuring programme expeditedly as stipulated in Section 92 of the Finnish Restructuring of Enterprises Act (fi: nopea saneerausohjelman vahvistaminen).
Trade Creditors of Stockmann Plc
We assisted certain trade creditors of Stockmann Plc in establishing a private fund in form of a limited liability company. The fund administrated and carried out conversion of restructuring receivables in accordance with Stockmann Plc’s restructuring programme on behalf of the participating trade creditors. The fund continues to manage the assets for the participants.
Vantaa Catering Services Oy
Restructuring & Insolvency
We acted as administrator in the restructuring proceedings of Vantaa Catering Services Oy. The restructuring programme was approved in advance by more than 86% of the creditors and the District Court of Länsi-Uusimaa approved the restructuring programme expeditedly as stipulated in Section 92 of the Finnish Restructuring of Enterprises Act (fi: nopea saneerausohjelman vahvistaminen).
