Krogerus acted as lead advisor for Peab AB on its acquisition of YIT's Nordic paving and mineral aggregates business, coordinating the legal teams in Sweden, Norway and Denmark. The purchase price is expected to amount to EUR 282 million and is fully financed. The transaction is conditional on approval from competition authorities as well as the fulfilment of certain contractual conditions.
The Krogerus team was led by senior advisor Lennart Simonsen and partner Sami Martola. They were mainly assisted by senior associates Anna Metso and associates Jenni Teurokoski and Nana Karanen. Partner Sami Laine led the team advising on environmental matters. He was mainly assisted by associate Iida Mäkimattila. Senior associates Jussi Häyrinen and Henri Kaikkonen advised on intellectual property matters and IT.