09/10/2020 | Financial & tax due diligence

Millog Oy / Western Shipyard Ltd

HomeCase StudiesMillog Oy / Western Shipyard Ltd

Alder & Sound Oy provides Financial and Tax Due Diligence for Millog Oy in the acquisition of the Western Shipyard Ltd. Western Shipyard’s business includes docking and repairs of ships and floating structures. The company has an annual turnover of ca EUR 16.3 million and it has 34 employees. The company’s clients comprise, for example, the Finnish Defence Forces, the Finnish Border Guard, Finferries and Patria.

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.

For more information: https://millog.fi/millog-oy-ostaa-oy-western-shipyard-ltdn-koko-osakekannan/

A&S due diligence team involved

Toni Turunen

Partner
Financial Advisory Services

Matti Kaloinen

Partner
Financial Advisory Services

Heidi Palomäki

Associate
Financial Advisory Services

Tiina Rapo

Project Manager
Business Development

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