18.11.2024

VR-Group Sale of road logistics business to investment company Mutares

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Mergers & Acquisitions

We are acting as legal advisor to VR-Group Plc in their strategic decision to sell their road logistics business to the investment company Mutares. This transaction supports VR’s focus on rail transport in freight traffic.

The road logistics business, which generated a revenue of approximately EUR 80 million in 2023, will be transferred to a newly established company under Mutares. The business unit employs around 75 people who will transition to the new company.

The completion of the transaction is subject to approval by the Finnish Competition and Consumer Authority.

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