PreLex acted as the legal and tax advisor to the parties in the acquisition in which Saipu Oy acquired the majority of the shares in Kaunisto Group.
Saipu Group (https://saipu.fi/) is one of Finland's largest building technology companies, employing more than 500 people and with a turnover of EUR 114 million in 2023. The Group's building services offering covers the entire life cycle of a building, from design to contracting, service and maintenance. The company's offices are located in several cities around Finland, such as Helsinki, Vantaa, Turku, Tampere, Mikkeli, Jyväskylä, Lappeenranta and Pieksämäki.
Kaunisto-Yhtiöt (https://kaunisto-yhtiot.fi/) is a Finnish full-service building services group with five group companies forming a reliable and flexible operator specializing in demanding electrical contracts. The Group employs approximately 70 people and had a turnover of EUR 13 million in 2023. Kaunisto-Yhtiöt focuses on demanding industrial sites and business premises in electrical work. The company's offices are located in Seinäjoki, Espoo, Töysä, Huittinen and Varkaus, but it implements projects nationwide. From PreLex, the experts who were involved in the assignment were Ville Laaksonen and Tero Routamo.