Employment Issues In M&A

Employment law risks and obligations need to be taken care of in M&A projects.

Our employment lawyers are actively involved in M&A projects. Together with our firm’s experts in other fields of law we will ensure that your business operations continue as smoothly as possible both during and after your M&A project.

Our employment law services in M&A projects include:

Due diligence reviews of employment law issues
Obligations under the Co-operation Act
Social insurance issues
Personnel effects arising from M&A projects and implementation thereof
Employment and director agreements

Our clients in M&A projects are always companies.

Latest references

Exsitec – Acquisition of M-flow Finland

We advised Exsitec Holding AB in a transaction whereby it acquired all the shares in M-flow Finland Oy. M-flow Finland Oy is a Finnish company engaged in reselling Medius B2B standard S2P software-as-a-service solutions in Finland. Exsitec Holding AB is a Swedish company part of the Nordic Exsitec group, which has over 20 offices in the Nordics. Exsitec delivers digital solutions to improve its customers’ businesses.

4.7.2024

WithSecure – Sale of open source data collection product and business

We advised WithSecure Oyj in the sale of its open source data collection product and business to Patria Oyj. The divested business combining software and services falls outside WithSecure’s current strategy. Through the sale, WithSecure sharpens its focus on the Elements portfolio. WithSecure is a global cyber security company (listed on NASDAQ OMX Helsinki) with more than 35 years of industry experience. WithSecure offers partners flexible commercial models, ensuring mutual success across the dynamic cyber security landscape. Patria is an international company in the defence and security industry offering defence, security and aviation life cycle support services and technology solutions. As a result of the transaction, Patria will open a new office in Oulu and 10 WithSecure experts currently working in the business area will join Patria.

30.9.2024

A. Ahlström – ESG advisory and corporate sustainability due diligence process planning

We advised A. Ahlström in establishing a corporate sustainability due diligence process plan which incorporates best practices and tailored solutions based on our expertise within relevant business sectors. Our comprehensive ESG offering also included tailored training for members of the investment team and management team and the board of directors of several portfolio companies. ‘The ESG team at Castrén & Snellman provided us with legal and practical advice around the ESG regulatory tsunami that we need to incorporate in our ESG work,’ comments Camilla Sågbom, Director, Sustainability and Communications, at A. Ahlström Oy. A. Ahlström is a family-owned industrial company, developing leading global specialist positions in Forest & Fiber and Environmental technology sectors.

5.9.2024

Vapaus Bikes Finland – Series A funding round

We represented Vapaus Bikes Finland Oy, a company offering employee benefit bikes, in its international EUR 10 million Series A funding round. The investors behind the funding are private equity investors Shift4Good and Superhero Capital Ltd as well as Tesi together with the European Guarantee Fund of the European Investment Bank. The equity-based funding will support the company’s international expansion, software development, platform automation, and the growth of its concept for the second-hand market of bikes. Vapaus Bikes Finland is at the forefront of sustainable mobility services and has been a pioneer in the Employee Benefit Bikes sector since late 2020. It has been ranked among Finland’s fastest growing companies. Shift4Good is an impact venture capital fund focused on the decarbonisation of the transportation sector. Tesi (officially Finnish Industry Investment Ltd) is a state-owned, market-driven investment company that invests in venture capital and private equity funds and directly in Finnish startups and growth companies.

21.8.2024

All cases

Latest insights

2.10.2024 – Banking & Finance Sustainable finance is vital for achieving the objectives of the green transition

Minna Korhonen & Lia Heasman

16.9.2024 – Banking & Finance Private credit – an alternative to bank financing

Tero Tuomisto, Minna Korhonen & Jenny Shahnovskij

5.9.2024 – Data & Technology Technology acquisitions can boost companies’ growth – or cause them to fail

Topi Lusenius, Anders Forss & Kim Parviainen

28.8.2024 – Real Estate Investments & Transactions Building Act brings new climate requirements for construction

Antti Kaakkola, Sonja Leinonen & Jessica Salmia

Insights

Employment Issues In M&A