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We advised Ilkka Yhtymä Oyj as it acquired a majority of the shares of Liana Technologies Oy

  • Finland

    15-01-2020

    We acted as legal advisor for Ilkka Yhtymä Oyj as it acquired a majority ownership (67%) of the shares of Liana Technologies Oy. The purchase price paid for the shares is approximately EUR 15 million.

    Liana Technologies is Finland’s largest software company providing marketing and communications cloud services. It was established in 2005 under the name Koodiviidakko Oy, which now is a subsidiary of Liana Technologies Oy. The company’s head office is located in Oulu, and the company also has offices in Helsinki, Stockholm, Paris, Munich, Dubai and Hong Kong.

    With the corporate transaction, Ilkka Yhtymä expands its operations from the traditional media branch to digital marketing and communication technology, and the transaction constitutes a part of the Ilkka Yhtymä group’s investment in growth and digital product and service channels in accordance with the group’s strategy.

    Ilkka Yhtymä’s release on the share transaction (in Finnish)

    For more information contact

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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