Our latest news and deals.
Waselius & Wist advised Merlin Entertainments Sealife Limited, a Merlin Entertainments company (LON:MERL) in the acquisition of 50 % of the shares in SeaLife Helsinki Oy from the Children’s’ Day Foundation. After the acquisition Merlin Entertainments holds all shares in SeaLife Helsinki Oy which operates the SeaLife park in Helsinki. Merlin Entertainments is the largest European entertainments company, running 114 attractions in 23 countries.
To strengthen our team, we are looking for lawyers interested especially in Competition and Intellectual Property law. Please see attached (only in Finnish).
For more information, please contact Ms. Tanja Jussila.
Please send your application by email to by 19 June 2016.
Waselius & Wist advised the Lenders in the sale and leaseback and related financing arrangements of three Airbus A350-900 Aircraft to Finnair.
Waselius & Wist is a sponsor of the upcoming Helsinki International Arbitration Day 2016, organized by The Arbitration Institute of the Finland Chamber of Commerce. The event will take place on 26 May 2016 at Restaurant Pörssi, Fabianinkatu 14, Helsinki, Finland. Come and meet us there!
More information and registration:
Waselius & Wist advised O-Film Tech (HK) Co., Ltd., a wholly owned subsidiary of Shenzhen O-film Technology Co., (002456:Shenzhen), in the investment in and subsequent acquisition of Senseg Oy, a Finnish high-tech company and core IPR owner of electrostatic haptic feedback technology.
Waselius & Wist advised Sagax (listed on NASDAQ OMX Stockholm) in the structuring of the acquisition of a portfolio of 2 hypermarkets and 184 grocery stores. The properties are leased to S Group and Suomen Lähikauppa and the acquisition is conditional on the completion of the pending acquisition by Kesko Corporation of Suomen Lähikauppa.
Value: SEK 850,000,000
Waselius & Wist advised the arrangers in the Finnish law aspects of the refinancing of Sanoma Corporation’s revolving credit facility with a EUR 500 million syndicated revolving credit facility.
Sanoma Corporation is listed on the Nasdaq Helsinki stock exchange (SAA).
Value: EUR 500,000,000
Waselius & Wist represented the arranger and the dealers as well as certain financial institutions as lenders in the Finnish law aspects of the EUR 1.93 billion refinancing of the Caruna Group. The refinancing consists of, inter alia, senior facilities in the amount of EUR 825 million and borrowings of EUR 1.105 billion derived from a EUR 10 billion multicurrency programme for the issuance of bonds. The Caruna Group’s electricity distribution business is the largest in Finland by share of electricity distributed.
Waselius & Wist advised Alumeco Finland Oy Ab in its acquisition of the aluminium business of Ovako Metals Oy Ab. Alumeco Finland Oy Ab is part of the internationally operating Alumeco group which is headquartered in Denmark. Alumeco is specialized within aluminium for the metal consuming industry.
Fredrik Lassenius joins Waselius & Wist as Specialist Partner on 1 March 2016 to strengthen the firm’s M&A practice. Fredrik has more than 15 years of prior experience in M&A and corporate transactions as the head of Deloitte’s M&A Legal in Finland, the head of Nokia’s M&A Legal and as a lawyer with the law firm Roschier.
“We are delighted to welcome Fredrik whose expertise is well recognized by clients and M&A market specialists”, says Niklas Thibblin, the firm’s Managing Partner. “Fredrik’s dual experience as both in-house and external counsel and his experiences of Nokia’s landmark transactions gives him a unique perspective from which to advise clients in complex business transactions. His arrival will definitely add further depth to the firm’s domestic and international transactional capability.”
“I am truly excited to join Waselius & Wist. The firm has a reputation for excellence and has established itself as one of the leading M&A practices in Finland. I look forward to contributing to its outstanding profile”, says Fredrik Lassenius.