Procopé & Hornborg advises Etteplan Plc on the acquisition of Devex Mekatronik AB
Main contact
Petri Kyllönen
Partner, Chairman of the Board, Attorney at Law
Established in 1998, Devex Mekatronik specializes in mechanical and electronical engineering, software development, embedded systems and life science. Devex Mekatronik’s turnover in 2018 amounted to approximately EUR 9.2 million (SEK 97.6 million), and the company’s customers operate in a wide range of industries. Devex Mekatronik employs 120 experts in six locations in Sweden: Stockholm, Uppsala, Linköping, Karlstad, Lund and Sundsvall.
The acquisition is in line with Etteplan’s growth strategy, at the core of which is organic growth and strengthening the company’s expertise and market position through acquisitions. Etteplan provides solutions for industrial equipment and plant engineering, software and embedded solutions and technical documentation solutions to the world’s leading companies in the manufacturing industry. The company currently has more than 3,100 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan’s shares are listed on Nasdaq Helsinki Ltd.
Recent references
more referencesProcopé & Hornborg represented a Dutch company in FAI arbitration proceedings and assisted in the subsequent enforcement of the arbitral award regarding the costs of the arbitration in Belgium
We successfully represented a Dutch company in FAI arbitration proceedings where the tribunal accepted our client’s arguments and decided that it did not have jurisdiction to decide on the merits of the dispute and made an order terminating the arbitration proceedings. Subsequently, we advised on th…
Reference – 30.4.2026
Procopé & Hornborg represented subsidiaries of a German listed corporation in a multi-million arbitration proceedings under the ICC arbitration rules
We advised two subsidiaries of a German listed corporation in ICC arbitration proceedings initiated by a Finnish listed corporation, where claims and counterclaims amounted to over EUR 12 million. The dispute concerned the scope and interpretation of a service agreement and was subject to Finnish la…
Reference – 30.4.2026
Procopé & Hornborg represented a Finnish subsidiary of a French listed corporation in ad hoc arbitration proceedings concerning the supply of defective machinery against a Finnish supplier
We successfully represented it’s a Finnish subsidiary of a French listed corporation in ad hoc arbitration proceedings concerning the supply of defective machinery against a supplier where claims and counterclaims amounted to approximately EUR 2 million. The tribunal found that our client had the ri…
Reference – 30.4.2026