Nevel owns and operates over 130 heating and power plants and over 40 district heating networks in Finland, Sweden and Estonia. Nevel’s net sales in 2019 was 101 million euros.
VALOR was responsible for providing full-suite buy-side advisory including responsibility for financial modelling and valuation, process strategy and tactics, deal structuring, negotiations with seller, due diligence coordination, and support in transaction documentation.
The transaction leveraged VALOR’s unique combination of deep energy sector knowledge with excellent M&A and process capabilities, and further solidifies VALOR’s position as one of the leading Nordic independent investment banks in energy infrastructure.
Please contact Jonas Seemer, Partner (+358 50 564 9846, jonas.seemer@valor.fi), for more information.
Please see below for further details of the transaction.
VALOR served as the sole financial advisor to the consortium comprising Vantaan Energia, Infranode and KEVA in the acquisition of the district heating business in Järvenpää and Tuusula from Fortum.
Please contact deal team lead Partner Jonas Seemer for more information.
We are very pleased to have supported the consortium in this synergistic acquisition. Congrats to the new and happy owners and a big thanks for the excellent cooperation to the seller!
Fortum to sell its district heating business in Järvenpää, Finland for approximately EUR 375 million.
Canorama is a Finnish B2B ICT services provider and will help Lounea grow its B2B business.
Read more: https://lounea.fi/lounea-kasvaa-ict-ratkaisuissa-ostaa-canorama-oyn-folmerilta
We have been eagerly following the Nordic IT sector during the recent market turbulence and discussed with key decision makers. Here are our thoughts on the effects of this market discontinuity caused by COVID-19, and emerging opportunities to win market share.
VALOR advised Ilkka Yhtymä Oyj in the acquisition of majority of shares (67%) in Liana Technologies, Finland’s largest cloud-based marketing and communications software provider.
Liana Technologies provides a single-sign-on platform that offers tools for email marketing, marketing automation, press release & media, website & mobile, and eCommerce.an international company specialized in digital marketing and communication software.
Ilkka-Yhtymä Oyj ostaa osake-enemmistön Liana Tecnhologies OY:stä
VALOR served as the sole financial advisor to Savon Voima in the acquisition of the Joensuu district heating network and CHP plant from Fortum at an enterprise value of EUR 530 million.
The strategic acquisition makes Savon Voima the 8th largest district heating provider in Finland and continues the strong growth track of the company.
Please reach out to deal team lead Jonas Seemer (Partner) and Raine Vammelvirta (Partner, Head of Energy practice) for more information.
