Procopé & Hornborg advised lndutrade in its acquisition of Dewaco Oy
Procopé & Hornborg acted as the legal advisor to lndutrade in its acquisition of Dewaco Oy, a Finnish company specializing in sludge treatment applications. Dewaco Oy delivers and implements complete sludge thickening, dewatering and sludge removal systems in Europe and Asia. The company has 23 employees and in 2020 Dewaco’s turnover amounted to EUR 6,7 million.
lndutrade is an international industrial group that sells and develops high-tech components, systems, and services. With a decentralized structure, lndutrade operates through more Ihan 200 subsidiaries with some 7,000 employees in 32 countries and on four continents. lndutrade is listed on Nasdaq Stockholm. Dewaco Oy will be included in lndutrade’s Business Area Finland.
Procopé’s transaction team consisted of Pia Tanskanen, Petri Kyllönen, Anna Liinamaa, Sonja Heinonen, Nora Hietanen, Hilma Laamanen, and Oona-Maria Kultti.
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