News

Our latest news and deals.

News / 14.10.2016

Financing of the acquisition by Triton of Fläkt Woods

Waselius & Wist represented Deutsche Bank AG, London Branch, RBC Capital Markets, UniCredit Bank AG, Barclays PLC and Jefferies Finance LLC as mandated lead arrangers in the Finnish law aspects of the financing of the acquisition of Fläkt Woods Group by Triton funds. Fläkt Woods Group is a leading air technology solutions and HVAC systems provider. Triton is a private equity investment firm investing in medium-sized businesses in northern Europe, Italy and Spain.

Lawyers involved

Timo Lehtimäki
Partner
Ann-Marie Eklund
Associate
News / 29.09.2016

Sale of Finland’s e-Taxfree to Fintrax Group

Waselius & Wist advised the shareholders of e-Taxfree Nordic Oy in the sale of the company to Fintrax Group. e-Taxfree Nordic is a Finnish tax-free company which offers Europe’s first paperless tax refund solution.

https://premiertaxfree.com/business/news/fintrax-group-acquires-finlands-e-taxfree

Value undisclosed.

Lawyers involved

Fredrik Lassenius
Specialist Partner
Niklas Thibblin
Managing Partner

 

News / 14.09.2016

Acquisition by Chr. Hansen A/S and Chr. Hansen Finland Oy of LGG®, the world’s best documented probiotic strain, from Valio Oy

Waselius & Wist advised Chr. Hansen in an acquisition from Valio Oy of a business that includes the LGG® trademarks and strain and related customer agreements, a collection of 3,200 strains and a production site in Tikkurila, Finland, which currently produces the LGG® strain and a number of specialty strains used in dairy production. LGG® is the best documented probiotic strain in the world that has been used in food and dietary supplements since 1990 and has a proven beneficial effect on the gastrointestinal and immune system.

Chr. Hansen is a global bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries. Chr. Hansen has a total turnover of EUR 859 million (2014/15 financial year) and some 2.600 employees. Chr. Hansen is listed on Nasdaq Copenhagen.

Value: 73MEUR

Lawyers involved

News / 12.09.2016

Sale of Algol Pharma

Waselius & Wist represented Algol Oy in the sale of its wholly-owned subsidiary Algol Pharma Oy to Biocodex S.A.S., a multinational specialty pharmaceutical company.

Algol Oy is a Finnish supplier of products and solutions for industry and healthcare. Algol Group has a total turnover of some MEUR 160 and some 400 employees.

Value undisclosed.

Lawyers involved

News / 01.09.2016

Acquisition by HiQ International AB (publ) of Great Apes Oy

Waselius & Wist advised HiQ International AB (publ), a Swedish public limited company, in the acquisition of Great Apes Oy as well as on the tax aspects of the transaction. Great Apes Oy is a digital design and development agency based in Helsinki, Finland.

Lawyers involved

Niklas Thibblin
Managing Partner
Matti Koivusalo
Associate
Kim Ekqvist
Associate
News / 31.08.2016

Acquisiton by GD Investment Ky of CompAir South Africa (Pty) Ltd

Waselius & Wist represented Gardner Denver in the Finnish law aspects of the transfer of the issued outstanding shares of CompAir South Africa (Pty) Ltd from CompAir Acquisition Ltd to GD Investment Ky.

Value undisclosed.

Lawyers involved

Jan Waselius
Founding Partner
News / 19.07.2016

Divestment by Sandvik AB of its Mining Systems Operations

Waselius & Wist advised Sandvik AB in the Finnish law aspects of the divestment of its mining systems operations to the private equity company CoBe Capital. In 2015, the mining systems operations had annual sales of 5 billion SEK representing 6% of Sandvik Group revenues.

Lawyers involved

Jouni Kautto
Specialist Partner
Kim Ekqvist
Associate
News / 23.06.2016

Finnair Revolving Credit Facility

Waselius & Wist advised Skandinaviska Enskilda Banken AB (publ), Danske Bank, Nordea Bank, OP Corporate Bank and Swedbank AB (publ) in the Finnish law aspects of the refinancing of Finnair Plc’s revolving credit facility with a EUR 175 million syndicated revolving credit facility.

Finnair Plc is listed on the Nasdaq Helsinki stock exchange (FIA).

Value: EUR 175,000,000

Lawyers involved

Lauri Peltola
Senior Counsel
Maria Pajuniemi
Associate
News / 21.06.2016

Acquisition by Merlin Entertainments of Sea Life Helsinki

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.

Lawyers involved

News / 20.05.2016

Sale and leaseback of Airbus A350-900 Aircraft

Waselius & Wist advised the Lenders in the sale and leaseback and related financing arrangements of three Airbus A350-900 Aircraft to Finnair.

Lawyers involved

Tarja Wist
Founding Partner
Ann-Marie Eklund
Associate
Tuurna