Highlight 1 March 2024

Krogerus advises AFRY on its acquisition of Carelin Oy

Krogerus advised AFRY, a European leader in engineering, design, digital and advisory services, on its acquisition of Carelin Oy, a Finnish market leading provider of project management, energy, and asset care as well as site care services in the renewable energy market.

The acquisition will complement AFRY’s offering in the renewables sector and enable full lifecycle services from project development to owner’s engineering as well as operations and maintenance services. The transaction is a continuation of building up AFRY’s wind and solar power capabilities through strategic acquisitions in Europe over the past couple of years.

The Krogerus team was led by Partner Marcus Möller and he was primarily assisted by Counsel Anna Talvitie and Associates Teemu Huhtala, André von Martens, Annika Mattila and Aleksi Yli-Houhala. Partner Carola Möller advised on employment matters and she was assisted by Associate Jenna Hallikainen. Partner Simo Autio led the advice on regulatory matters and he was assisted by Associate Oskar Kaskela.

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