We assisted the shareholders of Öljycenter Finland Oy in a share transaction

We acted as advisors to the shareholders of Öljycenter Finland Oy in a share transaction where Sponosa Group, the owner of the Suomen Kulutusosa group, acquired 100% of the company's shares. At the same time, the selling companies, Ansakorpi Holdings Oy and JanOils Oy, made a significant reinvestment in the acquiring company.

Jussi Ansakorpi, Business Director, and Janne Ansakorpi, Commercial Director of Öljycenter Finland, commented on the process as follows:
"Eversheds' team has actively and expertly assisted us throughout the assignment, regardless of the time of day. We received strategic, commercial, and legal advice that helped us make well-informed decisions as part of the transaction process. Ultimately, this resulted in a clear and positive outcome that sets future-oriented goals for us."

Eversheds Partner Antti Husa added:
"Executing a transaction for an excellent company and ambitious sellers is always an honor. This deal is a prime example of combining technical and commercial expertise to create value. The negotiations proceeded constructively for all parties, and I believe Öljycenter Finland will be an excellent addition to the Suomen Kulutusosa group. Thank you to our clients for trusting our team with this assignment."

We acted as comprehensive advisors to the sellers, providing both legal and commercial advisory services. Our team was led by Partner Antti Husa and COO Antti Liimatainen, with support from M&A Manager Santeri Vaattovaara, Analyst Roope Grönholm, Specialist Counsel Tiina Koivisto, Senior Associates Lavinia Husa and Linda Stenroth, and Associate Sanni Tirkkonen. Senior Legal Trainee Titta Peltonen was also actively involved in the execution of the transaction.

Öljycenter Finland Oy is a Finnish expert organization specializing in lubricants and related services.

Suomen Kulutusosa focuses particularly on wear and spare parts needed by crushing, infrastructure construction, and road maintenance operators.

Read more (in Finnish)