Arnon Oy – Acquisition of AB B.O. Park

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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Insta Group Oy – Acquisition of Secrays Oy

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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Innowash Fund I Ky – Establishment of Car Wash Fund

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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