Eversheds acted as legal advisor for Irish Fintrax Group as the company acquired the shares of Finnish e-Taxfree Nordic Ltd.

Established in 2013, e-Taxfree Nordic is a Finnish company which offers the market’s most advanced digital solutions for making tax-free purchases. The service enables paperless processing and obtaining of VAT refunds. As a result of the acquisition, e-Taxfree Nordic’s electronic tax refund service will expand to other countries.

e-Taxfree Nordic will become a part of Fintrax’ Premier Tax Free group, and the company name will change to Premier e Tax Free. The 30 employees of e-Taxfree Nordic will transfer to the new company as old employees.

The acquisition will enhance Fintrax Group’s foothold in the Nordic region, making its innovative services available to a wider range of customers.