Walless has advised the Tilgmann Group on the sale of Nordic Label and Data Print to Waterland Private Equity portfolio company Asteria. Helsinki-based Dittmar & Indrenius also advised Tilgmann, while Cobalt and Finnish law firm Krogerus advised the Asteria Group.
According to Walless, Nordic Label, its subsidiary Estonian Label House, and Data Print are “leading label manufacturers in Estonia and Finland.”
The Tilgmann Group is a business operating in Northern Europe focusing on packaging materials.
The Asteria Labels and Packaging Group is a Belgium-based international group active in the production of a wide range of printed packaging materials.
The Walless team was led by Partner Karl-Erich Trisberg.
Cobalt's team included Estonia-based Partners Martin Simovart and Marina Kotkas, Senior Associates Liina Saaremets and Tonu Kolts, Associate Kerli Paasoja, and Assistant Lawyers Liis Leedo, Mari Teder, and Markus Laja.