The sale of minority interest of Taratest Oy to Juuri Partners

Applex Attorneys advised the seller in the sale of significant minority interest of Taratest Oy to Juuri Partners.

Taratest Oy is a fast-growing company which provides geotechnical services and environmental studies for different phases in the life cycle of a construction project. Taratest Oy has more than 120 employees. The company has expanded from Pirkanmaa, and it serves customers around Finland, especially in centers of growth in Southern Finland. Taratest Oy has been growing about 25 percent yearly. The ownership arrangement is intended to continue strong organic growth in Finland. At the same time Taratest Oy is investigating possibilities to grow for example in relation to extensive infrastructure projects in Sweden.

The net sales of the company was EUR 13,7 million in financial year ending in October 2021. Taratest Oy is a strong operator in Southern Finland.