News & Views

Hannes Snellman Counsel to Nordea Bank Abp in the Financing of the Acquisition of the Majority of Shares in PHM Holding Oy by Norvestor

4 May 2020

Hannes Snellman acted as counsel to Nordea Bank Abp in the financing of the acquisition of the majority of shares in PHM Holding Oy (PHM) by Norvestor. PHM is the fastest growing property maintenance service provider in Finland. The company also has a significant presence in Sweden, the contribution of which to the total revenue is close to 40 percent. PHM is headquartered in Porvoo, Finland, with its Swedish main office in Stockholm, and has an annual revenue of approximately EUR 120 million and circa 1,200 employees.

Our core cross-border team led by Antti Alanko included Mari Miettinen, Linda Launonen, Albert Danielson, and David Smith.