Highlight 24 February 2021

Krogerus advises Kreate and Intera on the IPO of Kreate on the official list of Nasdaq Helsinki

The demand for the IPO was strong with the offering being oversubscribed multiple times by over 18,600 investors. The IPO included the issuance of 1,529,877 new shares and a sale of 2,690,160 shares by Kreate's existing shareholders. The transaction also includes an over-allotment option.

Kreate is one of the leading infrastructure construction companies in Finland. Kreate offers solutions for bridges, roads and railways, environmental and ground engineering, circular economy and geotechnical needs. As a specialist in demanding projects, Kreate focuses on comprehensive quality and cost-effectiveness.

The Krogerus team, led by Partner Tom Fagernäs, included Partner Elect Paul Raade and Associates Joel Kanervo, Saana Ruottu, Olli Silvennoinen and Samuli Torpisto (Capital Markets), Partner Heidi Kivenjuuri and Associate Hanna Kim (Banking and Finance) and Partner Marcus Möller, Senior Associate Jenni Teurokoski and Associate Andreas Brink (M&A).

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