Partnera Corporation’s Acquisition of Majority Stake in KPA Unicon Group

Krogerus advised Partnera on the deal.

Finland-headed biomass combustion technology specialists KPA Unicon Group has announced that it has reached an agreement with compatriot business group Partnera Oyj for it to acquire a majority share in the KPA Unicon Group. The acquisition will make Oulu-based Partnera the majority shareholder (70 percent) of KPA Unicon Group while the Kovanen family’s company Prounicon Oy will continue as the Group’s minority shareholder (30 percent).

After the acquisition, KPA Unicon will remain an independent company in the Partnera Group, and there will be no overlap between the operations or organizations of Partnera and KPA Unicon.

KPA Unicon Group is a company specialised in providing clean-energy solutions to global industrial clients and energy producers. KPA Unicon Group employs more than 200 people in Finland, Bosnia-Hertzegovina, Chile, Spain, Croatia, France, Sweden and Russia.

The Krogerus team was led by Partner Jan Johanson (Picture)  and he was mainly assisted by Senior Associate Anna Metso and Associates Hanna Tolonen, Juho Lakkala, Maria Naukkarinen and Teemu Liukkonen.

Involved fees earner: Jan Johanson – Krogerus Attorneys Ltd; Juho Lakkala – Krogerus Attorneys Ltd; Teemu Liukkonen – Krogerus Attorneys Ltd; Anna Metso – Krogerus Attorneys Ltd; Maria Naukkarinen – Krogerus Attorneys Ltd; Hanna Tolonen – Krogerus Attorneys Ltd;

Law Firms: Krogerus Attorneys Ltd;

Clients: Partnera Corporation;

Author: Federica Tiefenthaler