TGS Baltic has advised Posti on Estonian law aspects of its acquisition of the Suomen Transval Group.
The transaction remains subject to the approval of the Finnish Competition and Consumer Authority.
“We have had extensive customer relations with Transval for several years and we learned to appreciate the values of Transval’s personnel and management, and their successful, customer-oriented, agile and quick procedures,” said Sari Helander, Senior Vice President of Posti’s Logistics Solutions.
According to Transval’s CEO Risto Vilo, Posti and Transval will produce unique efficiency for their customers.
Posti is a postal and logistics service company in Finland, offering postal, logistics, freight, and e-commerce services.
Transval is an in-house logistics service provider in Finland with more than 20 years of experience in improving operational efficiency and implementing different outsourcing solutions, especially on logistics and manufacturing sites.
TGS Baltic’s team was led by Partner Kadri Kallas and included Senior Associate Triin Kaurov.
TGS Baltic did not reply to an inquiry about the deal.