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We represented J-Matic Oy and its affiliate J-Matic Rent Oy's shareholder Jarkko Laukkanen in a share transaction

  • Finland

    02-12-2022

    We acted as legal advisor to J-Matic Oy, a contract manufacturer specialising in industrial sub- and final assemblies, and its affiliate J-Matic Rent Oy's shareholder Jarkko Laukkanen, in a share transaction whereby Boreo Plc, listed in Helsinki, acquired all shares of the companies. The closing and signing of the transaction took place on 1 December 2022.

    J-Matic supplies technically exacting turnkey deliveries typically including applications of mechanics, electronics, pneumatics and automation, to leading clients in their respective sectors. J-Matic employs 20 people and is based in Lempäälä, Finland. In addition, about ten employees of J-Matic Rent are employed by the entity. In the accounting period ending on 31 December 2022, J-Matic's turnover will be approximately EUR 2.5 million and operating margin approximately EUR 0.6 million.

    Eversheds Sutherland's team in the arrangement included Partner Antti Husa and Senior Associate Lavinia Husa.

    Read more in: Boreo Plc's stock exchange release

     

    Antti Husa, Partner
    Lavinia Husa, Senior Associate

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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