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Baltic and Nordic Firms Advise DT Group on Billion Euro Acquisition

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Castren & Snellmann has acted as legal adviser for the DT Group – the largest retailer and distributor of building materials in the Nordic region – in the company's acquisition of Puukeskus, Finland's leading supplier of timber and building materials to the trade and general public.

Puukeskus employs 400 persons nationwide, and its net sales exceeded EUR 230 million in 2013. The billion-euro acquisition was initially announced in the beginning of February, and LAWIN has now announced that it has now been completed with the approval by the authorities. 

The Castren & Snellman team in the transaction was headed by Partner Jan Kuhlefelt and included, among others, Associates Jonas Hasto, Tuukka Hamalainen, Arimo Leppa, Laura Kotilainen, and Jenni Parviainen 

Lawin Partner Martin Simovart and Associate Kris Tammistu teamed up with Castren & Snellmann to perform legal due diligence on Puukeskus's Estonian unit and to provide legal advice on pre-closing, transactional and post-closing matters.

 

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