Highlight 9 December 2021

Krogerus advises Lamor on its IPO and listing on Nasdaq First North Premier Finland

Krogerus advised Lamor on its initial public offering and listing on Nasdaq First North Premier Growth Market Finland.

Lamor receives gross proceeds of approximately EUR 35 million from the IPO and the value of the IPO is approximately EUR 40 million assuming that the over-allotment option is exercised in full. Lamor had a market capitalisation of approximately EUR 130 million, based on the subscription price in the IPO.

Lamor is one of the leading global providers of environmental solutions. Lamor provides its customers with equipment used for oil recovery, waste management and water treatment as well as versatile environmental solutions and services.

The Krogerus team, led by Partner Tom Fagernäs, included Senior Associate Joel Kanervo and Associates Samuli Torpisto, Markus Laine, Saana Ruottu, Mikko Turunen and Tiina Jääskeläinen.

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