Type of deal: Sale of shares
Deal size (EV): Undisclosed
Sector: Cleantech
Object of sale: PwC Corporate Finance acted as the financial advisor for the shareholders of Caligo Industria Oy in Finland in the sale of the company to Addtech. Caligo is a Finnish technology company, which develops and supplies flue gas cleaning and heat recovery systems mainly to combined heat and powerplants and the wood processing industry in the Nordics and France. The company’s patented solutions provide significantly reduced emissions and use of water as well as increased energy efficiency.
Seller: Caligo Industria shareholders
Buyer: Addtech AB
Date: Deal announcement February 2020
PwC's role: Vendor advised by PwC