News

Our latest news and deals.

News / 17.11.2014

Assisting SCA in the establishment of an energy joint venture company

Waselius & Wist acted for SCA in the incorporation of a joint venture energy company Nokianvirran Energia Oy, owned by SCA, Nokian Tyres and Leppäkosken Sähkö. Nokianvirran Energia Oy has signed a letter of intent with Valmet for a delivery of a biomass-fired boiler plant in conjunction to an existing power plant in Nokia, Finland, the aggregate amount of the investment being approximately 45 million euros.

For more information, please contact 

Jan Waselius
Founding Partner

News / 07.11.2014

Securitisation of hire purchase contracts by Santander Consumer Finance Oy

Waselius & Wist advised Banco Santander and Santander Consumer Finance Oy in the securitisation of hire purchase contracts by Santander Consumer Finance Oy. Santander Consumer Finance Oy is an automotive financing solutions company and part of the Santander Consumer Finance and Santander group.

Value: EUR 517,700,000

For more information please contact  

Tarja Wist
Founding Partner

News / 07.11.2014

Acquisition by Bygghemma Sverige AB of Netrauta Finland Oy

Waselius & Wist acted as the Finnish counsel to Bygghemma Sverige AB in its acquisition of Netrauta Finland Oy, a leading Finnish e-business company for building materials. Bygghemma Sverige AB has sold building materials online since 2006 and is now the leading Nordic e-business company for building materials.

Value undisclosed.

News / 31.10.2014

Fingrid Oyj EMTN Debt Issuance Programme listed on the LSE

Waselius & Wist represented the Arranger, Barclays, and the Dealers, Barclays, Danske Bank, Handelsbanken, ING Bank, Nordea Bank and Pohjola Bank plc in Fingrid Oyj’s EMTN Debt Issuance Programme of 2014.

Value: EUR 1,500,000,000

For more information, please contact

Lauri Peltola
Partner

 

News / 28.10.2014

Acquisition by Esse Elektro-Kraft Oy of a hydroelectric power plant

Waselius & Wist advised Esse Elektro-Kraft Oy, a Finnish energy company, in its acquisition of Hanhikoski hydroelectric power plant from the municipality of Evijärvi.

Value: EUR 5,170,000

News / 01.10.2014

Sale by Rockwood Holdings, Inc. of its titanium dioxide pigments and other non-strategic businesses

Waselius & Wist advised Rockwood Holdings, Inc., a leading global specialty chemicals company, in Finnish law aspects relating to the sale of its titanium dioxide pigments and four other non-strategic businesses, including its Finnish subsidiary Sachtleben Pigments Oy, to Huntsman Corporation, a global specialty chemical company.

Value: USD 1,275,000,000

For more information, please contact

Tarja Wist
Founding Partner

News / 12.09.2014

Financing of the acquisition of Nets Holding A/S and its Finnish subsidiaries

Waselius & Wist represented Danske Bank, Deutsche Bank, J.P. Morgan, Mizuho Financial Group, Nordea Bank, Nykredit A/S and UBS in the financing of the acquisition of Nets Holding A/S and its Finnish subsidiaries, a payments, card and information services group in the Nordic region.

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Tarja Wist
Founding Partner

News / 03.07.2014

Acquisition by Yaskawa of The Switch Engineering Oy

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

News / 10.06.2014

Financing of acquisition by Permira of CABB and EUR 410 million Senior Secured Notes offering

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

Lauri Peltola
Partner
Maria Pajuniemi
Associate

News / 02.06.2014

Offering of Senior Secured Bonds by Elematic

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

Timo Lehtimäki
Partner

Tuurna