We acted as advisors to the shareholders of Öljycenter Finland Oy in a share transaction where Sponosa Group, the owner of Suomen Kulutusosa, acquired 100% of the company’s shares. As part of the deal, the selling companies, Ansakorpi Holdings Oy and JanOils Oy, made a significant reinvestment in the acquiring company.

Jussi Ansakorpi, Business Director, and Janne Ansakorpi, Commercial Director of Öljycenter Finland, commented:
“Eversheds’ team provided active and expert support throughout the transaction, regardless of the time of day. Their strategic, commercial, and legal guidance helped us make well-informed decisions, ultimately leading to a positive outcome that sets clear, future-oriented goals for us.”

Eversheds Partner Antti Husa added:
“It is always an honor to execute a transaction for a strong company and ambitious sellers. This deal exemplifies how technical and commercial expertise can be leveraged to create value. Negotiations were constructive for all parties, and I believe Öljycenter Finland will be an excellent addition to Suomen Kulutusosa. We sincerely thank our clients for their trust in our team.”

We provided comprehensive advisory services to the sellers, covering both legal and commercial aspects. Our project team was led by Partner Antti Husa and COO Antti Liimatainen, with support from M&A Manager Santeri Vaattovaara, Analyst Roope Grönholm, Specialist Counsel Tiina Koivisto, Senior Associates Lavinia Husa and Linda Stenroth, and Associate Sanni Tirkkonen. Senior Legal Trainee Titta Peltonen also played an active role in the execution of the transaction.

Öljycenter Finland Oy specializes in lubricants and related services for industrial applications.

Suomen Kulutusosa focuses on wear and spare parts for crushing, infrastructure construction, and road maintenance industries.

🔗 Read more (in Finnish)

We acted as commercial and legal advisors to the shareholders of Labsense Oy in a share transaction, in which Swedish company Bergman & Beving acquired 100% of the company’s outstanding shares.

Labsense Oy is a distributor of technical laboratory equipment from leading global suppliers, serving both the public and private sectors in Finland.

Bergman & Beving specializes in acquiring and developing leading companies in niche markets, providing productive, safe, and sustainable solutions for the industrial and construction sectors.

The assignment was led by Partner Antti Husa, supported by Associates Sanni Tirkkonen and Josefina Lind, as well as COO Antti Liimatainen and M&A Manager Santeri Vaattovaara, who provided commercial expertise.

🔗 Read more in Bergman & Beving’s press release.

We acted as legal advisor to Greencoat Renewables in the sale of the 43.2 MW Kokkoneva wind farm in Finland to Aneo Production Holding AS, a leading Norwegian renewable energy company and the second-largest owner of onshore wind assets in Norway.

Stephen Kearney, Investment Manager at Greencoat Capital LLP, commented:
“Eversheds acted as our legal advisor on the sale process, and also for our initial acquisition of the asset. We are grateful to the Eversheds team for their dedication and expertise in bringing the transaction to a successful conclusion.“

Partner Henrik Sandholm, who led the transaction, added:
“We are happy that our long-term client Greencoat Renewables has placed their trust in us for this transaction, and we greatly value the excellent collaboration.“

The transaction was led by Partner Henrik Sandholm, with support from Partner Markus Rämö, Senior Associate Linda Stenroth, Associates Sanni Tirkkonen and Lauri Lähdeaho, Senior Associate Lavinia Husa, and Partners Anu Mattila and Torsti Lakari.

🔗 Read more in Greencoat Renewables’ press release.