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We represented Elcoline in a corporate transaction

  • Finland

02-01-2023

We acted as legal advisor to Elcoline in a transaction where the company acquires the Swedish business of Maintpartner AB, owned by funds managed by CapMan Buyout. Through the transaction, Elcoline will grow to reach a turnover of EUR 65 million and become one of the industry’s leading companies in the Nordic market.

Elcoline is a Finnish company specialising in industrial maintenance and project business. Its service areas include industrial maintenance outsourcing and service contracts, mechanical installations, electrical, HVAC, automation and instrumentation work, pipeline installation and welding, and machine shop manufacturing of power plant parts. Elcoline’s customers are, for example, from the energy, petrochemical, metal, mining, marine and construction industries.

The team responsible for the assignment included Partners Vesa Turkki and Henrik Sandholm , as well as Partner Ulrika Sparrmann , Senior Associate Sofia Timoudas and Principal Associate Sara Malmgren from the Swedish office of Eversheds Sutherland.

Read more in ( in Finnish ).

Vesa Turkki, Partner

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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