Krogerus advises Kyndryl on its acquisition of Samlink

Krogerus advised Kyndryl, the world’s largest IT infrastructure services provider, on its acquisition of Oy Samlink Ab, a developer of IT solutions and services for the financial sector. The acquisition expands Kyndryl’s financial services industry capabilities in the strategic markets of Finland and the Nordics where the company is helping major financial institutions drive their digital transformations.

“This important investment further strengthens our capabilities in the Nordics, and advances the work we are doing to accelerate innovation with our financial services customers,” says Elly Keinan, Group President, Kyndryl.

The closing of the transaction is subject to customary authority approvals and regulatory proceedings.

The Krogerus team was led by Partner Mika Ståhlberg and included Senior Advisor Lennart Simonsen and Associate Andreas Brink. Partner Leena Lindberg led the advice on competition law related matters and she was assisted by Senior Associate Alina Böling. Senior Associate Alexander Bützow advised on IP and GDPR related matters.