Spring acted as Outokumpu Energia’s financial advisor in the sale of its electricity sales business
Spring acted as Outokumpu Energia’s financial advisor in the sale of its electricity sales business for Lummen Energia. Through this transaction, Okun Energia concentrates on its core industries of energy distribution and district. Spring was in charge of overseeing the entire sales process and assisting Okun Energia in commercial negotiations. The successful purchase is part […]
Spring acted as the financial advisor of the municipality of Enontekiö in the sale of Enontekiö Electricity
Spring acted as the financial advisor of the municipality of Enontekiö in the sale of Enontekiö Electricity to Arctic Energy and Water (Neve) and OP Life Assurance. The development and operations of the northern power network is secured well into the future with this ownership arrangement and the assistance from the Ministry of Employment (TEM-support). […]
Spring served as the financial advisor to the Saimaa Group
Spring served as the financial advisor to the Saimaa Group in the purchases of Pept Oy Ab Group, JE Henkilöstöpalvelut Oy, and JE Help AB. As a result of the acquisitions, Saimaa Group successfully implements its group strategy by maintaining strong growth in Finland and expanding operations to Sweden. Spring assisted Saimaa Group with the […]
Reduction of net working capital for a Finnish industrial company
Background During its growth, the industrial company, which expanded rapidly abroad, had not harmonized its operational practices. As the standard line was not followed locally in the storage of products, the customer’s capital was committed to an uncontrollably growing product inventory. The customer wanted to quickly release the capital tied up in the warehouse to […]