Ellex Raidla has advised Harju Elekter on its purchase of Swedish sales and technical solutions company Sebab AB and of pre-fabricated technical building manufacturer Grytek AB from Tnaa AB. Sweden’s Moll Wenden law firm advised the seller.
Harju Elekter paid EUR 3.6 million for the two companies, which for the time being will continue to use their names and trademarks, operating as full subsidiaries of the group.
Harju Elekter Group’s plants employ more than 600 specialists in Estonia, Finland, and Lithuania, and the Group’s revenue in the first nine months of 2017 amounted to EUR 74 million.
The Ellex Raidla team was by Partner Risto Vahimets.