Transactions

The ERP business based on Microsoft Dynamics 365 Business Central and LS Retail solutions of Solteq Plc, a Helsinki-listed IT company, was sold to Azets, the leading provider of technology and services in accounting, payroll, HR, staffing, and advisory in the Nordics and UK.

Clairfield advised Vihtan and its owners on the sale of the company to Swedish compounder investor Rebellion Capital.

Pölkky Oy, the largest privately owned wood processing company in northern Finland, was sold to Pfeifer Holding GmbH, a leading European forest industry company.

Palmia Oy, a business and food service specialist active in Finland, was sold to Mutares Nordics Oy, the Nordic company of the listed German investment company Mutares SE & Co. KGaA (ETR: MUX).

Clairfield advised Pamark and its owners on the sale of the company to OptiGroup, which is backed by FSN Capital, a leading European player in reliable and sustainable supply solutions for B2B customers.

Clairfield Finland advised Skanska Group in its divestment of its Finnish asphalt operations to Asfalttikallio Oy.

MV-Jäähdytys, an HVAC company, was sold to Altor-backed Nordic Climate Group (NCG).

Westpak and Flexipack, packaging material producers for the food industry and technical industries, were sold to Walki Group, a leading producer of technical laminates and protective packaging material.

Classic Pizza Group, a Finnish restaurant chain, was sold to Finnish restaurant operator Restel.