Applex advised Arnon Oy in its acquisition of AB B.O. Park in Sweden. The purchaser Arnon Oy is a growing supplier of automation, electrification and cloud services having its group companies in Finland, Sweden and Poland. Arnon has net sales of ca EUR 50 million and it employs over 200 professionals.
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Applex advised Insta Group Oy in its acquisition of Secrays Oy. The transaction was completed on March 3, 2020. The purchaser Insta Group is a Finnish expert organization engaged in industrial automation, industrial digitalization, cyber security and defence technology.
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Applex advised Innowash Oy on establishment of alternative investment fund (AIF) Innowash Fund I Ky and registration of the alternative investment fund manager (AIFM) in the register maintained by the Finnish Financial Supervisory Authority. Innowash is the world’s first AIFM focused on car wash and Innowash Fund I Ky the world’s first car wash AIF.
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Applex represented Vincit Plc when Vincit entered into a co-operation agreement with Taksi Helsinki Oy concerning management and rendering of digital services to Taksi Helsinki. The purpose of the co-operation is to develop taxi dispatch services for the entire Finnish market and the co-operation is a part Vincit’s new strategy aiming towards more comprehensive service offering.
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Applex advised Millog Oy on its acquisition of Virve Tuotteet ja Palvelut Oy from Suomen Erillisverkot Oy. The transaction was completed on January 2, 2020.
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Applex Attorneys assisted Wirepas Oy in its EUR 14.9 million equity financing round, in which Inventure Investment Fund and Tesi from Finland, ETF Partners from the UK, KPN Ventures form the Netherlands, Vito Ventures from Germany and Karma Ventures from Estonia invested in Wirepas.
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Applex Attorneys advised sellers in the sale of shares in Kone-Yijälä Oy to Metsäkonepalvelu Oy. Kone-Yijälä Oy is a Finnish harvesting company established in 1993 by two brothers, Antti and Heikki Yijälä. The company is very well known in the logging field and Kone-Yijälä is widely acknowledged as a reliable brand.
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Applex Attorneys advised sellers in the sale of Model IT Oy to Crosskey Banking Solutions Ab Ltd, a subsidiary of Bank of Åland Plc (Ålandsbanken Abp).
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Applex assisted Tampere-based software company Bitwise Oy and its group company Wisehockey Oy in licensing Wisehockey hockey analytics platform for ice hockey league KHL.
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Applex advised AQ Group AB on its acquisition of Trafotek Oy (LTI Holding Oy) and its subsidiaries in Estonia, China and Brasil from Intera Fund I Ky and the other sellers. The transaction was completed on June 3, 2019 after approval from the Finnish and the Estonian competition authorities.
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