BEWi, one of the leading players in the Nordics for the development and production of insulation products and customized packaging solutions made from cellular plastic, EPS, has acquired 60% of Solupak, a Finnish manufacturer of insulation material.

BEWi conducts a successful insulation and packaging business in Sweden, Norway and Denmark. In the Finnish market, BEWi is well established with its production of cellular plastic, expanded polystyrene (EPS), and insulation products made of extruded polystyrene (XPS).

Through this acquisition, BEWi gains a broader product portfolio in Finland and will also be able to offer insulation material and packaging solutions in expanded polystyrene (EPS) as it does in the rest of the Nordics. The acquisition of Solupak also creates synergies for logistical solutions and strengthens BEWi’s position as a complete supplier in Finland and in the Nordic region.

The DLA Piper team was led by partner Ilkka Liljeroos. Other team members included Tax Counsel Jaakko Klemettilä and associates Antti Eeva and Eero Puranen.