Deal Announcement: Earthpac Oy acquires Savopak Oy

Type of deal: Sale and purchase of shares

Sector: Packaging industry

PwC has had the privilege to act as the legal, tax and financial advisor to Earthpac Oy in their acquisition of 100% of the shares in Savopak Oy.

Savopak Oy is known as a manufacturer of transport and storage packages. They manufacture wooden and plywood packages used for vehicle, machine, electronic, chemical and paper industry products, as well as for mining and construction industry products.

The deal will close in January 2025.

Object of sale: 100% of shares in Savopak Oy

Seller: Olavi Räsänen Oy

Buyer: Earthpac Oy

Deal announcement date: 26 November 2024

PwC's role: PwC acted as the buyer's exclusive legal, tax and financial advisor in the transaction.

Press release

Core legal team: Tero Malmivaara, Johanna Ylianunti, Anne Hirsiniemi, Vilma Tuononen, Kia Rajala

Core tax team: Jari Lappalainen, Mirka Danielsson, Aino Rantanen, Sara Tiainen, Seliina Vähäsöyrinki

Core financial team: Ilkka Simula, Mikael Österlund, Tuure Visanpää, Jari Metsola, Johan Danielsson, Tiia Hirvasniemi, Eemil Oikari, Iiro Raitakari, Venla Haavisto