Procopé & Hornborg advised Finnish Wastewise Group Oy on its funding round to finance the reuse of hard-to-recycle plastics
We advised Wastewise Group Oy on its funding round to finance the company’s facility investment programme, which will increase the reuse of hard-to-recycle plastics. With this funding, Wastewise Group expands the plant capacity for chemical recycling of challenging mixed plastics, producing new raw materials for the plastics industry from plastic waste that used to be incinerated.
The investment is financed with The Finnish Climate Fund’s capital loan of 4.2 million euros and equity financing from Taaleri Sijoitus Oy, a group of family-owned investment companies and domestic individuals. In addition, Wastewise Group’s Nokia facility has received an investment aid of 0.85 million euros for expansion.
Wastewise Group is a company that has developed novel technology for chemical recycling of plastics and was born through the merger of Finnish Kiertoketju Oy and Wastewise Oy in 2022. The company operates chemical plastic recycling plant in Nokia, which is being expanded while new recycling plants are being built in Finland.
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
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
Procopé & Hornborg advised the shareholders of Vuoristo-Yhtiöt Oy, which operates Haikko Manor’s business, in the sale of the entire share capital of the company
We advised the shareholders of both Vuoristo-Yhtiöt Oy, which operates Haikko Manor’s business, and Haikon Kartanon kiinteistöt Oy, which owns the real estate of Haikko Manor, in the sale of the entire share capital of both companies. Haikko Manor is Finland’s first and most awarded manor ho…
Reference – 02.11.2023