Sale of the Vahanen Group to AFRY now completed
Main contact
![](https://procope.fi/wp-content/uploads/2022/10/petri-kyllonen-2-300x295.jpg.webp)
Petri Kyllönen
Partner, Chairman of the Board, Attorney at Law
The transaction related to the sale of the entire share capital of Vahanen International Oy to AFRY, as disclosed on the 26/10/2021, has now been successfully completed. Procopé & Hornborg acted as the legal advisor for Vahanen Group and its management in the transaction.
Vahanen Group is one of the biggest Finnish-owned technical consulting organizations in construction and property branch. AFRY is a Swedish-Finnish engineering, consulting, and design company.
Vahanen’s net sales in 2020 were EUR 46.6 million, and the company employs about 500 people. With the acquisition of Vahanen, AFRY’s construction and real estate business in Finland will grow and AFRY will increase its number of employees in Finland to about 2,800.
Recent references
more referencesKH Group Plc divests HTJ
We are pleased to announce that KH Group Plc, together with the other shareholders of HTJ Holding Oy, has successfully signed an agreement on the sale of HTJ Holding Oy’s shares to XPartners Group company XPartners Finland Holding Oy. Procopé & Hornborg provided legal advisory support to KH …
Reference – 11.06.2024
Škoda Transtech’s engineering and documentation operations in Oulu, Finland will be partially transferred to Etteplan
We are delighted to announce that Etteplan and Škoda Transtech have agreed on the partial transfer of the engineering and documentation department’s operations of Škoda Transtech in Oulu, Finland to Etteplan. According to the agreement, 21 employees from Škoda Transtech will join Etteplan as e…
Reference – 07.05.2024
Saarni Nepton Oy acquires Flexim Pro/Compact time & attendance business
We are pleased to announce that Saarni Nepton has successfully acquired Flexim Pro/Compact time & attendance business from Abloy Oy, with Procopé & Hornborg providing advisory support throughout the transaction. This strategic acquisition strengthens Saarni Nepton’s capabilities within i…
Reference – 03.04.2024