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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The Helsinki Court of Appeal issued a judgment on 31 January 2019 in a broad financial crime case concerning aggravated dishonesty by a debtor, in which Applex Attorneys assisted the key complainants. The principal in the first degree, a well-known Finnish businessman living abroad, was sentenced to unconditional imprisonment for two years and six months.
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Applex represented Alte Oy, a subsidiary of ALTEN SA in the acquisition of Comiq Group Oy and its subsidiaries. The purchaser ALTEN SA (listed on Euronext Paris) is a global leader in technology consulting and engineering with over 28,000 employees located in 20 countries.
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Applex represented Insta Group Oy in its acquisition of the business of digital solutions expert Intopalo Oy. Insta Group is a Finnish, family-owned high-technology corporation focusing on digitalization, automation and management solutions. Insta has a strong presence in industrial automation, cyber security, defense technologies and emergency call center solutions.
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Applex Attorneys represented Tampereen Sähkölaitos Oy and Leppäkosken Sähkö Oy in their acquisition of majority of the shares in Enermix Oy from Pikespo Investment Oy Ltd and Janne Heinonen.
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Applex Attorneys in co-operation with NJORD Law Firm (Estonia) represented AQ Group AB in the acquisition of Mecanova Oy. The purchaser AQ Group (listed on Nasdaq Stockholm) is a global manufacturer of components and systems for industrial customers with high demands. The company has more than 6,000 thousand employees worldwide and an annual turnover of ca EUR 450 million.
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