4.6.2021

Ferrovial – Sale of Wondo Mobility

Related services

We advised Spanish Ferrovial Mobility in the sale of Wondo Mobility to MaaS Global Ltd. The transaction is being implemented as a share swap in which Ferrovial will receive shares in Maas Global and become MaaS Global’s strategic investor.

MaaS Global, the company behind the award-winning Whim app, and Wondo are both on a mission to transform the global transport sector, which is expected to boom to €7.6 trillion by 2030. MaaS Global and Wondo will provide sustainable mobility in cities around the world and freedom of mobility for the people.

Wondo provides citizens with easy access to the main urban mobility services. It includes public transport, taxis and private carsharing and ridesharing operators. Wondo enables users to reach their destination efficiently and sustainably.

MaaS Global, founded in 2015, is the world leader in the field of Mobility-as-a-Service (MaaS).

Ferrovial is a a leading global infrastructure operator focusing on sustainable mobility infrastructure and urban services and is committed to developing sustainable solutions. It is publicly traded and employs more than 80,000 people. It is a member of Spain’s blue-chip IBEX 35 index and included in the Dow Jones Sustainability Index and FTSE4Good. All its operations are conducted in compliance with the principles of the UN Global Compact.

Latest references

We advised UK-based investment company Downing in its acquisition of the entire share capital of Tornionlaakson Voima Oy. Tornionlaakson Voima owns three hydropower plants in the Tengeliönjoki river system – the Portimokoski power plants in Ylitornio, the Jolmankoski power plants in Raanujärvi and the Kaaranneskoski power plants in Sirkkakoski. The power plants produce a total of approx. 45 gigawatt-hours of electricity per year. Tornionlaakson Voima’s daily operations will continue normally, and the transaction will not affect customers. The consummation of the transaction is subject to the approval of the Ministry of Economic Affairs and Employment. Downing has over 35 years’ experience in providing a wide range of investment solutions to the needs of institutional investors, advisers and retail investors. The company manages over £2 billion in assets in both the private and public markets and its current hydro power portfolio includes approx. 50 hydro power plants in the Nordics. 
Case published 27.3.2026
We advised Jensen-Group with its acquisition of Oy Vestek Ab, the long-standing distributor of Jensen solutions in Finland. The strategic step underlines Jensen-Group’s long-term commitment to the Nordic region and its ambition to further expand sustainable and future-oriented laundry automation solutions in Finland. Jensen-Group, listed on Euronext Brussels, is a global leader in heavy‑duty laundry technology, known for designing and manufacturing industrial laundry machines, systems, and turnkey automation solutions. Oy Vestek Ab is a Finnish import company founded in 1961. The company’s main activity is to import supplies and machinery, including providing products and services for the health care and laundry industries, from Europe and the USA and to act as a wholesale dealer on the Finnish market.
Case published 16.3.2026
We are assisting CapMan Growth in its significant investment in Kuntokeskus Liikku, a Finnish gym chain known for its high-quality self-service facilities and excellent value for money. The investment will further strengthen Liikku’s position as a market leader and support the continued execution of its growth strategy. Liikku is one of Finland’s leading fitness chains, with more than 70 locations across the country serving nearly 90,000 members. The company’s concept is to offer high-quality self-service gyms at an exceptionally competitive price point which, combined with strong operational efficiency, provides a solid foundation for profitable growth. The company’s main shareholder is COR Group, a long-time partner of CapMan Growth, and a Finnish health and wellness conglomerate known for active ownership and long-term value creation. CapMan Growth is a leading Finnish growth investor that makes significant investments in entrepreneur-led growth companies with a turnover of €10–200 million. CapMan Growth is part of CapMan, which is a leading Nordic private equity investor engaged in active value creation work. CapMan has been listed on the Helsinki Stock Exchange since 2001.
Case published 27.2.2026
We advised Plastep Oy and its shareholders in the sale of the entire share capital of the company to FinnProfiles Oy. The acquisition strengthens FinnProfiles’ position as a Nordic expert in sealing and insulation solutions and expands the company’s expertise in the manufacture of plastic products and technical components. Plastep, founded in 2001 and based in South Savo, is a contract manufacturer specialising in the design and production of demanding and technical plastic components, with a turnover of EUR 6.5 million.
Case published 18.2.2026