10.1.2024

Newil&Bau – Acquisition of the business of Auratum Asunnot and equity funding

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Private Equity & Venture Capital

We served as the legal advisor to Newil and Bau Oy in its acquisition of the business of Auratum Asunnot, which is part of the Rausanne Group and specialises in the construction of new high-quality homes. With the equity investment that was carried out in connection with the transaction, Rausanne Oy, the parent company of the Rausanne Group, became a 15% shareholder in Newil&Bau.

‘This milestone paves the way for our growth going forward and allows us to scale our Design Home and Services concept, Customer Platform technology solution and other centralised processes into a new geographical region. This sets a solid foundation for our future international expansion. We are also pleased to have Rausanne support our growth as a shareholder and project financing partner,’ says Petri Ylivuori, CEO of Newil&Bau.

Auratum Asunnot has constructed high-quality homes in Turku and Helsinki for 20 years. The projects of Auratum Asunnot focus on top quality, location and personalised customer service. Auratum Asunnot is part of the Rausanne Group.

Established in 2020, Newil&Bau is a next-generation housing product company that provides beautiful and sustainable living experiences for urban dwellers. The company’s operations are based on strong customer focus, continuous product development and a genuine desire to understand how people really want to live.

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