Stark’s Acquisition of Kodin Terra Tuusula

Krogerus advised Stark on the deal. Castrén & Snellman advised HOK-Elanto.

Stark, Finland’s leading professional building materials chain, announced its acquisition of Kodin Terra Tuusula from HOK-Elanto.

The transaction has been agreed to take place on 3 December 2021.

In connection with the sale, Stark and HOK-Elanto also entered into a local bonuspartner agreement. The personnel working at Kodin Terra Tuusula will transfer to Stark at the closing of the deal.

HOK-Elanto is one of the largest regional cooperatives in the S Group. HOK-Elanto operates approximately 340 locations and employs approximately 6,000 people.

Stark Suomi Oy is Finland’s leading building materials supplier chain for professionals and has long-term expertise of the construction sector in Finland. Stark Suomi Oy is part of the Danish Stark Group, which dates back to 1868. Stark Suomi Oy employs approximately 1,000 people, and Stark Group approximately 10,000 people in Northern Europe.

The Krogerus team was led by Partner Sami Martola (Picture) and he was assisted by Senior Associates Jasmin Wardi and Minna Siekkinen and Associates Nora Hamed and Jenna Hallikainen.

The Castrén & Snellman team included Jan Örndahl, Rosa Tuominen, Nicklas Svento, Antti Kaakkola, Tanja Tuominen and Suzanne Simon-Bellamy.

Involved fees earner: Antti Kaakkola – Castrén & Snellman; Jan Örndahl – Castrén & Snellman; Suzanne Simon-Bellamy – Castrén & Snellman; Nicklas Svento – Castrén & Snellman; Rosa Tuominen – Castrén & Snellman; Tanja Tuominen – Castrén & Snellman; Jenna Hallikainen – Krogerus Attorneys Ltd; Nora Hamed – Krogerus Attorneys Ltd; Sami Martola – Krogerus Attorneys Ltd; Minna Siekkinen – Krogerus Attorneys Ltd; Jasmin Wardi – Krogerus Attorneys Ltd;

Law Firms: Castrén & Snellman; Krogerus Attorneys Ltd;

Clients: HOK-Elanto; Stark Group A/S;

Author: Federica Tiefenthaler