8.4.2014

Lemminkäinen Corporation – Divestment of Lemcon Networks businesses in Norway and Sweden

Related services

We advised Lemminkäinen Corporation in the sale of Lemcon Networks Ltd’s mobile telecom network project business in Norway and Sweden to Netel, a leading Scandinavian telecommunications contractor. The majority shareholder in Netel is private equity firm Axcel.

Lemcon Networks, which is 100% owned by Lemminkäinen Corporation, provides professional project management, implementation services and software solutions for mobile telecom network projects. The divested businesses employ a staff of approximately 80 professionals.