We acted as legal advisor for Betset Group Ltd. and Betset Oy as the companies acquired Mikkelin Betoni Group. The acquisition agreement was signed on 21.11.2016 and concerns entire share capital of the group.

With the acquisition Betset-Group, formed by Betset Group Oy and Betset Oy, is one of Finland's largest concrete ready components and ready-mix concrete manufacturers. The aggregate annual turnover in Finland is about 80 MEUR and companies employ about 485 people.

The transaction is one of the most significant industry arrangements during the last ten years.