Reference – 02.12.2021

Procopé & Hornborg advised Axel Johnson International’s business group Fluid Handling Solutions, Axflow Group, on its acquisition of majority stake in Starline Valves Oy

Main contact

Petri Kyllönen

Partner, Attorney at Law

+358 40 0757 732

Procopé & Hornborg acted as Legal Counsel to Axflow Group, part of Axel Johnsson International, in the acquisition of the majority stake of shares in Starline Valves Oy from its management and other shareholders. Starline Services S.P.A. Italy remains as strategic partner and shareholder in the company.

Axel Johnson International is a global industrial group of 150 companies in 30 countries and part of Swedish family-owned corporate group Axel Johnson. Axel Johnson International is organized in six business groups: Driveline Solutions, Fluid Handling Solutions, Industrial Solutions, Lifting Solutions, Power Transmission Solutions and Transport Solutions. Axflow Group is one of the leading suppliers within the industry of pumps, valves, and many other equipment and instruments in Europe.

Starline Valves Oy, founded in 1994, is a Finnish industrial company, headquartered in Vantaa, Finland, and functioning in wholesale, retail trade, import and export of European origin industrial valves and pneumatic actuators.

The acquisition strongly supports the growth and development of the Axflow Group in Finland and complements the strategy of Axflow to add valves to its existing product range, and thus expand Axflow’s product portfolio to meet customers’ needs.

Procopé’s transaction team consisted of Petri Kyllönen, Sampsa Perttunen, Katariina Rontu and Sonja Heinonen.

Related professionals

  • Petri Kyllönen

    Partner, Attorney at Law

    +358 40 0757 732

  • Katariina Rontu

    Associate

    + 358 50 4308 840

  • Sonja Heinonen

    Associate

    +358 50 4682 182

Recent references

more references

REFERENCE – 07.10.2022

Procopé & Hornborg advised in the competition investigation on the taxi market

Procopé & Hornborg competition team advised Helsingin-Uudenmaan Taksit Oy (HUT) in an investigation by the Finnish Competition and Consumer Authority (FCCA). The taxi companies in the Helsinki were investigated by the FCCA. Investigations were launched concerning illegal horizontal cooperation…

Reference – 07.10.2022

REFERENCE – 06.10.2022

Procopé & Hornborg assists the winning bidder MERMEC S.p.A. in the public procurement and in the subsequent appeal at the Finnish Market Court

Procopé & Hornborg assisted a winning bidder MERMERC S.p.A. in the public procurement organised by the Finnish Transport Infrastructure Agency regarding the APMS system renewal. In addition, Procopé & Hornborg assisted MERMEC in responding to another bidder’s appeal at the Finnish Marke…

Reference – 06.10.2022

REFERENCE – 06.10.2022

Suomen Taloushallintoliitto ry: Competition compliance audit and training

We designed and conducted a competition law compliance audit in Suomen Taloushallintoliitto ry, and up-dated training of the personnel and different working groups’ in competition law and competition compliance programmes, following the implementation of the ECN+ directive in Finland. Suomen Tal…

Reference – 06.10.2022

more references