published on blog page
Sisu Partners has advised the Administrator of Stockmann plc’s corporate restructuring. Sisu’s tasks have included valuation of AB Lindex and Stockmann plc’s Baltic subsidiaries, SIA Stockmann and Stockmann AS. In addition, Sisu Partners has advised the Administrator in certain topics regarding Stockmann plc’s share classes and the value of its shares and hybrid bond.
Sisu Partners has advised Viking Malt Group in arranging the financing package for its strategic investment in Lahti, Finland, to build a new malting house. It is part of the long-term growth strategy of Viking Malt and the investment is very significant, about 90 million euro project, in size. It is one of the biggest investments in Finnish food and beverage industry and in Lahti region during the past 10 years. The production capacity will be ca. 85 000 tons per year. The plan is that the new malting house will start its operation in 2023.
Viking Malt Group has production in 5 countries: in addition to Finland there is a plant also in Sweden, Denmark, Lithuania as well as two plants in Poland. The production capacity is 600 000 t/a and the turnover of the group is appr. 250 million euros and the company employ appr. 250 employees. Viking Malt is the largest malting company in Scandinavia, 5th largest in Europe and 9th in the world. It is the leading company in specialty malt in the global market.
Sisu Partners is pleased to announce the appointment of Jori-Pekka Rautalahti as a Partner in the company effective from 1.10.2020. Jori-Pekka has been employed by Sisu Partners since September 2019. Prior to Sisu Partners, Jori-Pekka worked at Summa Capital, ALM Partners and Aktia Bank.
“We are delighted to welcome Jori-Pekka ’Jörre‘ Rautalahti to Sisu’s partnership. Jörre is a true team player, and his strong competence complements and strengthens our organization”, says Juha Karttunen, Managing Partner at Sisu Partners.
Sisu Partners is an independent corporate finance advisory firm founded by well-known and experienced corporate financiers. We provide advisory services in full range of transactions, including M&A, debt and equity financing and special situations for businesses, private investors, lenders, government agencies, private individuals and families.
Juha Karttunen, Managing Partner
juha.karttunen@sisupartners.com
+358 40 555 4727
Jori-Pekka Rautalahti, Partner
jori-pekka.rautalahti@sisupartners.com
+ 358 50 382 9323
Jussi Majamaa, a partner and co-founder of Sisu Partners is moving on to pursue another project outside the firm.
“We want to thank Jussi for the outstanding and instrumental work he has done since 2014 in developing together with us the company into a premier corporate finance firm in Finland. We wish him well in his future endeavours”, says Juha Karttunen, Managing Partner of Sisu Partners.
“It has been a great journey and I would like to take this opportunity to thank all the firm’s business partners and the Sisu team for great co-operation over the years. I have full confidence in the Sisu team, and I wish them the best of luck and success in the future”, says Jussi Majamaa.
Sisu Partners is an independent corporate finance advisory firm founded by well-known and experienced corporate financiers. We provide advisory services in full range of transactions, including M&A, debt and equity financing and special situations for businesses, private investors, lenders, government agencies, private individuals and families.
Juha Karttunen, Managing Partner
juha.karttunen@sisupartners.com
+358 40 555 4727
Jussi Majamaa
majamaajussi@gmail.com
+358 40 842 4479
Sudden macro shocks and crises require fast reaction to mitigate both short – and long-term effects. The current situation has put an unprecedented liquidity stress on businesses. Financing is one of the core skills of Sisu Partners and we have extensive experience in securing long-term solutions in difficult funding situations. Sisu’s debt advisory services include:
Sisu’s partners have advised family offices, corporations and lenders in several key benchmark debt restructuring transactions in the Finnish market.
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Partner
Managing Partner
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Aleksanterinkatu 44, 4th floor
FIN-00100 Helsinki, FINLAND
www.sisupartners.com
Sisu Partners has provided a Fairness Opinion of the terms of the transaction to Yleiselektroniikka Oyj as the company has signed an agreement to acquire all shares in Machinery Group Oy from Preato Capital AB to create a leading Finnish technical trading group. The cash consideration of the transaction is EUR 18.750 million and the completion of the acquisition is conditional on a resolution of Yleiselektroniikka’s extraordinary general meeting.
The combination of Yleiselektroniikka and Machinery is an important step in creating a stronger trading group of quality industrial products, solutions and services. The combination strengthens the Group’s position especially in Finland. In addition, the company operates in Russia and the Baltic countries. The combined company has more than 300 employees in five countries. The new Group is expected to benefit from larger size, broader offering and sharing best practices. As a result of this acquisition, the new Group is expected to have wider resources to enhance its offering and add value for its customers and principals and be better positioned to invest in future growth.
Read more at Yleiselektroniikka’s press release (in Finnish).
Sisu Partners has advised Kiilto as its subsidiary Kiiltoclean A/S signed an agreement to divest the Workplace Safety business to Lifco’s subsidiary Directa AB. The divested business is a leading niche manufacturer of eyewash, plasters and first aid stations used in many different industries. The products are marketed under the brand name Plum. In 2019, the Workplace Safety business reported net sales of approximately 79 MDKK. The operation is based in Assens, Denmark and Cuxhaven, Germany and has ten employees.
Nasdaq announces that trading in Faron Pharmaceuticals Oy shares (short name: FARON) commence on December 3, 2019 on Nasdaq First North Growth Market Finland.
Sisu Partners advised Faron Pharmaceuticals on the dual listing and continues to act as the company’s Certified Adviser.
Sisu Partners advised in a merger of IDEAL PLM, Summ Systems and Pro-STEP. Ideal Product Data Oy will merge with Summ Systems and Pro-STEP in a stock-for-stock exchange and the merged business will operate under the IDEAL PLM Group brand. The merged company will become the leading Siemens Digital Industries Software partner in the Nordic region and Baltic countries and its offering to customers includes industry-leading Product Lifecycle Management (PLM), Manufacturing Operations Management (MOM) and Industrial Internet solutions.
IDEAL PLM Group’s objective is to expand in its delivery capabilities and competence areas, as well as to strengthen its competitive edge in new markets and within the customer base. Pro Forma Net Sales for the IDEAL PLM Group was 17 MEUR (2018) and it employs 110 persons in 5 countries.
The position is full-time for at least 5-6 months in Spring and/or Autumn, preferably for a longer period with potential extensions agreed separately. Please clearly state your availability and preference in your application.
Please send us your application, CV and transcript of records no later than 19 September 2019 to sisu.partners@sisupartners.com.
For any enquiries concerning the positions, please contact either:
Jussi Majamaa, Partner
+358 40 842 4479
or
Olli Kaukonen, Associate
+358 50 544 6720
Sisu Partners is an independent corporate finance advisory firm founded by well-known & experienced corporate financiers.
Sisu Partners is an independent corporate finance advisory firm founded by well-known & experienced corporate financiers.
The founding partners can draw from vast experience of more than 300 completed transactions, many of them cross-border deals. The size range has been from some tens of millions to the largest deals in the Finnish corporate history, some of which have been public takeovers.
We are a member of the international MidCap Alliance corporate finance network, which complements our cross-border transaction offering with international industry expertise and key relationships.