Lehtovuori Oy’s Strategic Acquisition in Sweden
We advised Lehtovuori Oy on a significant strategic acquisition in which the company acquired 100% of the shares in the Swedish Tejbrant Gruppen AB. The transaction included Tejbrant Group’s manufacturing companies and real estate company in Sweden, as well as its operating companies in Poland and Germany. The project was carried out in close cooperation with Eversheds Sutherland’s offices in Sweden and Poland, and the multi-jurisdictional transaction was completed smoothly and on schedule. The outcome exceeded the client’s expectations.
Eversheds Sutherland acted as legal advisor to Lehtovuori Oy on the buyer side, advising on the legal aspects of the transaction and the transaction documentation, as well as coordinating the due diligence process, which was conducted primarily by Eversheds Sutherland’s teams in Sweden and Poland. The mandate required seamless collaboration between experts in several jurisdictions and careful management of a complex cross-border transaction.
Commenting on the transaction, Eero Ojanen, CEO of Lehtovuori Oy, said:
“Eversheds Sutherland showed strong leadership, guiding us through a complex process under pressure while always keeping our best interests in focus.”
The acquisition is historic and strategically significant for Lehtovuori Oy. It doubles the company’s turnover, expands the group’s operations into several European countries and elevates Lehtovuori to a leading market position in urban shelter solutions in the Nordic region. Following the transaction, the group comprises manufacturing facilities in Finland, Sweden and Poland, as well as sales companies including in Germany. The acquisition strengthens Lehtovuori’s position as a provider of comprehensive urban furniture solutions and brings significant new expertise, particularly in aluminium profile structures, which are a key competitive factor in international infrastructure projects.
The Eversheds Sutherland Finland team included Partner Antti Husa, Counsel Elias Smouni and Associates Sanni Tirkkonen and Riia Ruohomäki.