Loihde Plc acquires BLC Turva Oy

Loihde Plc has entered into an agreement to acquire BLC Turva Oy, a well-established specialist in corporate security systems and services. With this strategic step, Loihde is further consolidating its position as Finland’s leading provider of comprehensive security solutions for businesses.

The addition of BLC Turva enhances Loihde’s regional presence and strengthens its capability to deliver security services across Finland. The acquisition will also reinforce Loihde’s service offering in voice evacuation, video surveillance and alarm systems and physical security solutions.

We advised Loihde Plc in the transaction.

The transaction is subject to the approval of the Finnish Competition and Consumer Authority, and the approval by the general meeting of Loihde Plc.

The expertise of Eversheds Sutherland and the seamless collaboration between specialists from different fields of law were key factors in successfully completing the transaction. We received comprehensive support throughout every stage of the process and particularly valued the team’s practical approach and ability to find solutions even in challenging situations, comments General Counsel Antti Hemmilä, Loihde Plc.

It was a pleasure to act as Loihde’s advisor in this transaction. Loihde’s clear vision, along with the professionalism and determination of their team, provided an excellent foundation for completing the deal. Bringing the transaction to the finish line required broad collaboration across multiple areas of expertise. Congratulations to both parties, says Partner Henrik Sandholm, Eversheds.

The assignment was led by Partner Henrik Sandholm. Supporting team members were Senior Associate Linda Stenroth, Counsel Tiina Koivisto, Senior Associate Lassi Lepistö and Counsel Jarkko Hankaa. Competition law matters were handled by Partner Olli Hyvönen and Associate Sanni Tirkkonen.

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