Highlight 19 January 2023

Krogerus advises JC Switzerland Holding on its strategic investment in Stockmann

Krogerus advised JC Switzerland Holding on its strategic investment in the Finnish retail group Stockmann. The strategic investment includes an arrangement with Förening Konstsamfundet by which JC and Konstsamfundet have agreed to pool their voting and governance rights in Stockmann. Krogerus' advice covers all aspects of the strategic investment, including corporate and strategic advice as well as anti-trust and tax structuring matters.

JC Switzerland Holding is a Swiss retail group with investments in European retail business. JC owns the department store chain Peek & Cloppenburg, headquartered in Düsseldorf and Vienna, as well as the department store Magasin du Nord, located in Copenhagen.

The Krogerus team, led by Managing Partner Mårten Knuts and Partner Paul Raade, includes Senior Associate Samuli Torpisto and Associate Saana Ruottu (Capital Markets), Partner Samu Lassila, Senior Associate Vilma Piipponen and Associate Anna Corrêa de Mora (Tax), Partner Heikki Vesa and Senior Associate Jens Lindén (Restructuring & Insolvency), Senior Associate Alina Böling (Competition & Regulatory), and Partner Pyry Somervuori and Senior Associate Joonas Parkkinen (Mergers & Acquisitions).

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