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

  • Sonja Heinonen

    Associate

    +358 50 4682 182

Recent references

more references

REFERENCE – 18.03.2024

Destia acquires Verkkoviikarit Oy

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 electrif…

Reference – 18.03.2024

REFERENCE – 06.02.2024

Procopé & Hornborg advised Concria Oy in the sale of a 30% stake in the company to Sika AG

We advised Concria Oy, a Finnish startup specializing in highly innovative concrete floors, in the sale of a 30% stake in the company to Sika AG. Concria has developed innovative concrete flooring technology that offers numerous benefits to contractors, architects, and property owners. Sika is a l…

Reference – 06.02.2024

REFERENCE – 08.01.2024

Procopé & Hornborg Advised Etteplan in its acquisition of STRONGIT Aps

Procopé & Hornborg acted as the Legal Advisor to Etteplan Oyj in its acquisition of STRONGIT Aps and related directed share issue. STRONGIT is a software and embedded services company founded in 2010 and delivers its services through a team of 13 competent experts and a network of around 70 fr…

Reference – 08.01.2024

more references