Castres & Snellman acted as the lead legal advisor to Future Group Oy in the acquisition of Betech Data A/S (Denmark) from Lagercrantz Group AB (publ.), listed on Nasdaq Stockholm.

Both Future Group and Betech Data are Value Added Distributors for the world leading design software manufacturer, Autodesk Inc., with their main market area in the Nordic Countries.

Future Group is a privately held Finnish company w ith resellers in more than ten countries. Before the acquisition Future Group employed 50 people and had annual revenue of 100 million euros.

Betech Data generates annual turnover of approximate 20 million euros and has 14 employees.

The C&S team was headed by Partner Kimmo Rekola from our Private Equity & Venture Capital and Technology, Media & Telecommunications services. The transaction team also included Associate Lauri Kivikari from our M&A and Private Equity & Venture Capital services.