Alder & Sound Financial and Tax Due Diligence for Millog Oy in the acquisition of the Laivakone Oy. Laivakone Oy’s business includes service of ships, power plants and other industrial equipment and machinery . The company has an annual turnover of ca EUR 1.5 million and it has 13 employees. The company’s clients comprise, for example, the Finnlines, Fortum, Tallink Silja, ESL Shipping, Askalon Process and Millog.
The purchaser Millog provides support and maintenance services for the Finnish Defence Forces’ systems and material as well as for various other critical systems and material. Millog Group has more than 1,000 employees and an annual turnover exceeding EUR 220 million.
Read more (in Finnish):
Millog Oy:n uusin yritysosto tuo tytäryhtiöksi Laivakone Oy:n | Millog
A&S due diligence -team
Pauliina Karumaa
Lauri Karppinen
Case studies
Share this on Social Media: