Gasum – Sale of Gasum Tekniikka to Viafin Service

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We acted as Gasum Oy’s legal counsel when it sold its subsidiary Gasum Tekniikka Oy to the industrial maintenance partner Viafin Service Oyj. This arrangement is part of Gasum’s strategy to focus on developming the gas market and energy infrastructure in the Nordic countries. The agreement was signed on 17 January 2019 and the transaction is expected to be closed by the end of February 2019.

Gasum Tekniikka specialises in maintenance and service relating to natural gas, biogas and liquefied natural gas (LNG) usage solutions and has approximately 100 employees. The company offers services covering the entire lifecycle of gas systems from initial review to more specific determination and design, construction and installation as well as commissioning and maintenance work. Gasum Tekniikka will continue providing services to current and new customers as part of the Viafin Service Group.

Gasum is a Nordic gas sector and energy market expert. Gasum imports natural gas into Finland and promotes the circular economy by processing waste and producing biogas and recycled nutrients in Finland and Sweden. The Gasum Group has around 400 employees in Finland, Norway and Sweden. The company’s revenue for 2017 was EUR 925 million.