Highlight 2 July 2021

Krogerus advises Vaaka Partners on its sale of Fysios to Mehiläinen

Krogerus advised a private equity company Vaaka Partners and other shareholders on the sale of Fysios, Finland's largest physiotherapy group, to Mehiläinen. The transaction is subject to approval from the Finnish Consumer and Competition Authority.

"The merger between Fysios and Mehiläinen is a significant step forward for the entire industry. Together with Mehiläinen, we will have a unique opportunity to continue our strong development,” says Heikki Tiitinen, CEO of Fysios.

"We have assisted Vaaka and the management of Fysios from the platform investment in 2015 to this day. The journey alongside Fysios including over fifty buy-and-build transactions has been very interesting and has created lifelong relationships with Fysios team. We wish Fysios and Mehiläinen all the best in their future journey together", says Krogerus' partner Sami Martola. Krogerus' Senior Associate Jenni Teurokoski continues that "It has been a privilege to be part of the story of Fysios".

The Krogerus team was led by Partner Sami Martola. He was mainly assisted by Senior Associate Jenni Teurokoski and Associate Nora Hamed. The team also included Partner Carola Möller, Senior Associate Saara Leino and Senior Counsel Petteri Metsä-Tokila together with Senior Associate Alina Böling.

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