Sorainen has advised Lagrotte and the Net Systems Group on selling Hohle to HellermannTyton. Cobalt advised the buyer.
Hohle is an Estonian micro duct system manufacturer for fiber optic cables.
HellermannTyton supplies products for fastening, fixing, identifying, and protecting cables and their connecting components.
"In addition to the acquisition of Gabocom in 2019, this further enhances HellermannTyton’s market position in the fiber broadband market," HellermannTyton Group President Andrew Leyland commented.
The Sorainen team included Partners Toomas Prangli and Karin Madisson, Counsel Lauri Liivat, and Associate Kristi Tammiku.
The Cobalt team included Partner Martin Simovart, Managing Associate Jesse Kivisaari, and Associate Getter Villmann.