News:

Waselius & Wist advised Yaskawa Electric Corporation, a world leader in motion control and robotics, in its acquisition of The Switch Engineering Oy, a leading supplier of megawatt-class permanent magnet generator and full-power converter packages for wind power and other renewable energy applications.

Value: Undisclosed

For more information, please contact Mr. Lauri Peltola or Mr. Christoffer Waselius.

Waselius & Wist represented the Issuers, Monitchem Holdco 2 S.A. and Monitchem Holdco 3 S.A., in the Finnish law aspects of the issuance of EUR 410 million senior secured notes and EUR 175 million senior notes and the related financing arrangements. The proceeds from the issuance were used, inter alia, to finance the acquisition of CABB Group by Permira from Bridgepoint and to refinance the existing loans of CABB. CABB is a supplier of chemical building blocks based on chlorine and sulphur and a market leader in monochloroacetic acid. CABB Group has major industrial assets in Finland.

For more information please contact Mr. Lauri Peltola or Ms. Maria Pajuniemi.

Waselius & Wist represented ALMC hf. (formerly the Icelandic investment bank Straumur-Burdaras) as the mezzanine agent and as portfolio manager of Creditor B.V., an incoming senior lender, in the issuance by Elematic Oy Ab of Senior Secured Bonds due 2018 and the related financing arrangements. Elematic is the leading supplier of precast concrete machinery and complete production plants for building construction worldwide.

For more information please contact Mr. Timo Lehtimäki.

Waselius & Wist represented Ovako AB (publ), a Triton portfolio company, as the issuer in the Finnish law aspects of the issuance of EUR 300 million Senior Secured Notes due 2019 and the related financing arrangements. Ovako is a leading European producer of engineering steel for customers in the bearing, transportation and manufacturing industries.

For more information please contact Mr. Timo Lehtimäki or Ms. Maria Pajuniemi.

Waselius & Wist advises Kämp Group, the leading Finnish luxury and lifestyle hotel group majority owned by funds managed by CapMan, in its acquisition of Klaus K, Finland’s first real design hotel, and the related financing arrangements.

Value undisclosed.

For more information, please contact Mr. Mikko Eerola or Mr. Timo Lehtimäki.

Waselius & Wist advised Permira Advisers LLP on the Finnish law aspects relating to the acquisition of the specialty chemicals company CABB International from Bridgepoint, including its Finnish subsidiaries which operate a specialty chemicals plant in Finland. The transaction is subject to approval from the competent antitrust authorities. CABB is a leading global supplier of fine chemicals, specialty chemicals and intermediates to a variety of growing global industries including the agrochemicals industry.

Value: Undisclosed

For more information, please contact Mr. Christoffer Waselius.

Waselius & Wist represented First Quantum Minerals Ltd in the Finnish law aspects of the offering of 7,25% Senior Notes due 2022.

Value: USD 850,000,000.

For more information please contact Ms. Tarja Wist.

We advise Aviator Group, the largest independent aviation ground handling provider in the Nordic region, in its acquisition of the former Servisair ground handling operations at Helsinki-Vantaa Airport from Swissport International Ltd., and related financing arrangements. Aviator Group has its head office in Stockholm, Sweden, and is majority-owned by the investment fund Accent Equity 2008.

Value undisclosed.

For more information, please contact Mr. Mikko Eerola or Mr. Timo Lehtimäki.

Waselius & Wist was involved in two out of the four transactions in Finland in 2013 with a deal value exceeding EUR 1 billion. The firm was ranked number 4 of independent Finnish law firms in deal value in Mergermarket 2013 league table of legal advisors to M&A.

We maintain our top rankings in Finland in Chambers Global 2014 edition, the world’s leading directory of the legal profession. Our practice and individual lawyers are highlighted in all of our core areas and we are recognized as one of the leading law firms in Finland. We are delighted to be once again praised and acknowledged by our clients and peers.

Chambers and Partners