Krogerus advises FORCIT on its acquisition of DA-Group’s underwater business

Krogerus advised FORCIT, a Nordic leader in service and knowledge related to blasting and charging in civil engineering purposes, on its acquisition of DA-Group’s underwater business. DA-Group is a provider of advanced electronics and high-technology solutions and products serving industrial, defence and aerospace customers on a global scale.

The transaction represents a strategic step for FORCIT Group, which complements FORCIT Defence’s position as a supplier of total defence systems for area denial on land and at sea. The transaction brings under one roof advanced knowledge and technology related to insensitive munitions, mechanics, electronics, and software for our relevant defence applications.

The Krogerus team was led by Partner Marcus Möller and Counsel Andreas Brink.