Our latest news and deals.
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.
Waselius & Wist is representing the winning tenderer Moventia & Smoove in the public procurement by Helsinki City Transport (HKL) of a city bicycle system, and in related contract negotiations and Market Court proceedings. The Market Court has pursuant to an interim decision granted leave to enforce the procurement despite a pending appeal by a competing tenderer.
Value: some EUR 13 million + outdoor advertising income
Waselius & Wist advised JZ International in its investment into a Finnish consumer lending platform business. JZ International is an industrial holding investment group with some 30 investments in Europe, with a combined revenue of over EUR 1 billion.
Waselius & Wist advised the shareholders of Vantaco Oy in the sale of the company to The Valspar Corporation. Vantaco Oy specializes in the manufacturing and handling of paints and hazardous chemicals.
Waselius & Wist represented ALMC in the sale of an asset portfolio to Anchorage Capital. The portfolio consisted of various types of assets located in different jurisdictions making the transaction a complex multijurisdictional asset transfer.
Waselius & Wist advises LifeAssays AB, a Swedish diagnostic company listed on NGM Equity, in the Finnish law aspects of its acquisition of Magnasense Technologies Oy, a Finnish company developing point-of-care assay systems.
Waselius & Wist advised Santander Consumer Finance Oy in the securitisation of auto loan hire purchase contracts by Santander Consumer Finance Oy. Santander Consumer Finance Oy is a Finnish finance company and a market leader in auto financing and a member of the Santander Consumer Finance- and Santander -groups.
Value: EUR 338,700,000
Waselius & Wist advised Hartela, one of Finland’s largest construction companies, in the sale of KJ-Kiinteistöjohto Oy, a real estate management company providing expert services in asset, property and facility management, to Realia Group, the largest real estate brokerage and management group in the Nordics.
Waselius & Wist advised BASF, the chemical company, on Finnish law aspects in connection with the divestment of its slurry production sites in Rauma and Kotka to Chemec.
Waselius & Wist advised TE Connectivity, a world leader in fiber optic connectivity for wireline and wireless networks, on Finnish law aspects in connection with the sale of its Telecom, Enterprise and Wireless businesses to CommScope Holding Company, Inc.
Value: USD 3 billion