We advised Relais Group Oyj as it acquired Lumise Oy and Optisell Oy

We advised Relais Group Oyj, listed on Nasdaq First North Growth Market, as it acquired Lumise Oy and Optisell Oy. The transactions were carried out partly as an exchange of shares and partly in cash. With the corporate acquisition, Relais accelerates its growth by making use of capabilities in digitalization, webshop solutions and data analytics. 

Relais Group Oyj is one of the leading Nordic players in the automotive aftermarket. The company is actively developing its vehicle electrical equipment and spare parts business in the Nordic and Baltic countries.

Specialised in online retail of vehicle lighting, Lumise Oy operates in the Nordic countries and is a fast-growing player in Europe. Lumise has a Swedish subsidiary called Design by Scandinavian Metal AB which, in addition to engaging in e-commerce, develops model-specific auxiliary lighting ranges for vehicles. Lumise’s webshops deliver orders to dozens of other countries, including for example Australia and the United States in addition to European countries. 

Additional information: Partner Harri Tolppanen and Specialist Counsel Juha Kujala.

The team also included Specialist Counsel Jarkko Hankaa, Specialist Counsel Mari Rusi, Specialist Counsel Henrik Sandholm, Senior Associate Lassi Lepistö and Associate Linda Miettinen.

Read more in the release.