Freshfields Bruckhaus Deringer and BDK Advokati have advised One Equity Partners on its acquisition of the Fortaco Group from Nordic investor Capman. Reportedly, Krogerus advised One Equity Partners in Finland.
Closing is expected in the second half of 2022, pending regulatory approval, with the transaction spanning Germany, Belgium, Finland, Estonia, Hungary, Poland, Serbia, and Slovakia.
According to Freshfields, “Fortaco is a leading strategic partner to the heavy off-highway equipment and marine industries offering technology, vehicle cabins, steel fabrications, and assemblies to global OEMs. Headquartered in Vantaa, Finland, Fortaco has factories across seven European countries, in addition to a joint venture with Tata AutoComp in India.”
One Equity Partners is a private equity investment firm.
The Freshfields team was led by Partner Arend von Riegen and Principal Associate Steffen Kleefass and included lawyers in Frankfurt and Brussels.
BDK Advokati's team was led by Senior Partner Vladimir Dasic and included Partners Milan Dakic and Bogdan Ivanisevic, Counsel Tomislav Popovic, and Junior Associate Milan Popovic.