Purmo Group – Project Grand Bidco’s public tender offer on Purmo Group

Purmo Group – Project Grand Bidco’s public tender offer on Purmo Group

Public takeover bids are highly regulated processes that put the spotlight on the diligence of both the bidder and the target. The bidder must ensure the equal treatment of shareholders and comply with insider regulations, while the board of directors of the target must at all times promote the interests of all shareholders.

We are an experienced and reliable partner for you at every stage of this multi-step process. We participate actively in drafting legislation and guidelines in this field, for example, the new Finnish Securities Markets Act and the Helsinki Takeover Code.

  • Advice and process management relating to public takeover bids
  • Drafting bid documentation
  • Insider matters
  • Disclosure and flagging notifications
  • Guidelines in the event of takeover situations

We regularly assist companies considering making takeover bids and target companies.

The Legal 500, IFLR1000, Chambers Europe and Chambers Global rank our services among Finland’s best.

Latest references

We advised SRV Group Plc in its sale of SRV Infra Ltd to Kreate Ltd. The completion of the transaction is subject to regulatory approvals. The parties expect the transaction to be closed by the end of 2025. SRV, established in 1987, is a Finnish developer and innovator in the construction industry. The company is listed on the Helsinki Stock Exchange. In 2024, SRV’s revenue totalled EUR 745.8 million.
Case published 27.10.2025
We acted as the Finnish legal counsel for the funders to Nevel Oy in a EUR 665 million refinancing arrangement through a mix of multicurrency bank loans and private placement notes. Nevel is a utility infrastructure company offering advanced industrial and real estate infrastructure solutions that are fit-for-purpose and future-proof. The transaction supports Nevel’s growth strategy and its goal to help customers to achieve climate goals.
Case published 20.8.2025
We advised Triton Partners and Habeo Group in a leveraged financing arrangement with Danske Bank A/S, Nordea Bank Abp and Skandinaviska Enskilda Banken AB. The financing included facilities amounting to EUR 80 million for refinancing, acquisitions and other general corporate purposes. Habeo Group is a comprehensive service provider in the technical building services sector, cultivating the value of buildings throughout their lifecycle. The group employs some 600 technical building services professionals. In 2023, we advised Triton in its platform investment, the formation of Habeo Group, through its acquisition and financing of eight Finnish companies.  
Case published 7.8.2025
We advised Glaston Corporation on its reverse share split, i.e. in the reduction of its total outstanding shares so that each two shares of the company were merged into one share. The shares of Glaston have been listed into the Helsinki Stock Exchange. Glaston is the glass processing industry’s innovative technology leader supplying equipment, services and solutions to the architectural, mobility, display and solar industries. The company also supports the development of new technologies integrating intelligence to glass.
Case published 27.6.2025