Destia acquires Verkkoviikarit Oy
Main contact
Pia Tanskanen
Managing Partner, Attorney at Law, Trained on the Bench
We are pleased to announce that Destia has successfully acquired Verkkoviikarit Oy, with Procopé & Hornborg providing advisory support throughout the transaction. This strategic acquisition strengthens Destia’s capabilities within its rail business segment, especially in the fields of electrification and safety equipment.
Effective March 12, 2024, the entirety of Verkkoviikarit Oy’s operations, including its workforce of approximately 20 employees, equipment assets, and contracts, will be transferred to Destia.
As a leading provider of railway superstructure and safety equipment maintenance in Finland, Destia maintains over 3,600 kilometers of the state railway network and offers comprehensive services for private track maintenance and construction.
Verkkoviikarit Oy, previously a subcontractor for Destia, brings expertise in track construction, trams, metro systems, and electrical and other construction-related projects. This acquisition enhances Destia’s presence within the rail infrastructure sector.
Recent references
Procopé & Hornborg advises Indutrade in its acquisition of Albiox Oy
Procopé & Hornborg acted as legal advisor to Indutrade in its acquisition of Albiox Oy. Albiox is a Helsinki-based company specializing in cleanroom products, customized drug-manufacturing solutions, as well as biological media for pharmacies and pharmaceutical manufacturers in the Nordics. Indutrad…
Reference – 25.8.2026
Axel Johnson International’s Driveline Solutions acquires Konehuolto Happonen Oy through Trans-Auto AB
We are pleased to announce that Axel Johnson International AB’s business group Driveline Solutions has successfully acquired Konehuolto Happonen Oy through its group company Trans-Auto AB. The acquisition strengthens Driveline Solutions' aftermarket position and supports Trans-Auto AB's business ope…
Reference – 18.8.2026
Procopé & Hornborg advises the Sunborn International Group on vessel reflagging and refinancing
Procopé & Hornborg is proud to have advised the Sunborn International Group on the reflagging of the vessel Sunborn Gibraltar, carried out in connection with the refinancing of the group's senior secured bonds of up to EUR 60,000,000 through a new senior secured loan facility with an international l…
Reference – 15.6.2026