Roschier advised BW Group, while Castrén & Snellman advised Ductor Group.
Ductor, a Helsinki, Finland-based manufacturer of a biological fermentation technology, announced securing a capital funding round of €28 million ($33M).
The money was raised from a strategic investor, BW Group, one of the world’s leading maritime groups in the tanker, gas, and offshore segments.
Global maritime company has taken a $23.5m stake in Ductor, a Finnish-Swiss biotech that uses agricultural and fish waste to make biogas and fertiliser.
Ductor’s new facilities, planned to be in operation within a few years, will be built in Germany, Poland, France, Spain, Norway, and the United States, among others.
BW Group is one of the world’s leading global maritime companies involved in shipping, floating gas infrastructure and deepwater oil & gas production. Through the investment, BW Group will become a major shareholder in Ductor as well as a strategic partner.
Ductor is a global biotech company that is changing the world through groundbreaking innovation, design, and the circular economy. our ambition is to fight climate change, produce renewable energy, and solve the increasing food demand and waste accumulation challenges.
The Roschier team comprised Toni Siimes (Picture), Kiira Tuohimaa-Leisio, Johanna Flythström, Anu Vihervaara and Pauliina Vilponen.
The Castrén & Snellman team included Jarno Tanhuanpää, Tuomas Honkinen and Sebastian Vuoritsalo.
Involved fees earner: Tuomas Honkinen – Castrén & Snellman; Jarno Tanhuanpää – Castrén & Snellman; Sebastian Vuoritsalo – Castrén & Snellman; Johanna Flythström – Roschier; Toni Siimes – Roschier; Kiira Tuohimaa-Leisio – Roschier; Anu Vihervaara – Roschier; Pauliina Vilponen – Roschier;