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We acted as legal advisor to Sininen Meteoriitti Oy in the sale of its consulting business

  • Finland

    28-09-2020

    We advised Sininen Meteoriitti Oy when it sold its consulting business to Valtti Kumppanit Oy in September. See below the release on the subject by Valtti and Sininen Meteoriitti.

    Valtti Kumppanit Oy and Sininen Meteoriitti Oy have signed an agreement on the sale of Sininen Meteoriitti Oy's consulting business to Valtti

    The Valtti group is a growing specialist organisation offering a full range of services in support of a productive digital working environment with information security in place. Following the transaction, the group employs a total of some 200 professionals in four different locations.

    The asset deal brings together the complementary operations of two companies, strengthens Valtti’s offering within the Microsoft Ecosystem's expert services and supports Valtti’s growth strategy. As a result of the transaction, the consulting business of Sininen Meteoriitti became a part of Valtti as a stand-alone business. The resale of the Valo Digital Workplace product family in Finland will also be transferred to Valtti.

    Sininen Meteoriitti, from which the consulting business is separated, will concentrate increasingly on the development and international expansion of the Valo product family. “Valo operates globally through its distribution network and will now start to pursue this strtegy also in Finland”, comments the Chair of the Board of Sininen Meteoriitti, Ossi Pohjola. However, the very close cooperation between Sininen Meteoriitti and Valtti will continue.

    “The complementary offerings of Valtti and Sininen Meteoriitti form an excellent basis for providing even more comprehensive service for our clients. We want to help our clients digitalise their businesses as well as support their risk and cost management, productivity and everyday working experience. It is our aim to form a growing team of top experts and to together create the best possible offering and service model to support profitable growth”, says Atte Kekkonen, CEO of Valtti.

    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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