Deal summary Siparila Oy
Type of deal: Sale of majority share
Sector: Industrial Products
Object of sale: PwC Corporate Finance acted as financial advisor, and PwC’s Legal as legal advisor to Siparila Oy and its owner on the sale of majority ownership of the company to Thermory AS. PwC Estonia provided a financial DD on the Buyer.
Siparila Oy is a leading provider of wooden ready-painted interior and exterior panels in Finland. The company was founded in 2003 by its CEO Juha Sojakka. Today, the company employs over 130 people, and has net sales of 34 EURm exporting about 30% of sales outside Finland.
Seller: Private individual
Buyer: Thermory AS
Date: Deal announcement 9 October 2019
PwC's role: Vendor advised by PwC
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