Deal Announcement Helkama Bica Oy

Sector: Industrial products

Object of sale: PwC Finland acted as exclusive financial, legal and tax advisor to Helkama Emotor Oy on the sale of Helkama Bica Oy to Accent Equity, a Nordic private equity investor.

Helkama Bica is a leading producer of specialty cables (power & data) for marine, telecom and industrial applications.  The company caters a global customer base with its production facilities located in Hanko & Kaarina (Finland), Shanghai (China) and a service hub center in Schelluinen (the Netherlands).

The project with Helkama Emotor Oy started in 2022 with PwC Corporate Finance advising Helkama Bica Oy in the acquisition of the Dutch service hub business (Helmacab). The transaction today with Accent Equity is continuation in the execution of the ownership strategy and aims to ensure the best possible development in Bica's next growth phase and to enable better opportunities to expand and grow the company's cable business and competitiveness in the future.

Helkama Emotor Oy divests its shareholding in Helkama Bica Oy entirely to Accent Equity and to the company's management. The deal will close at the end of August 2024.

Seller: Helkama Emotor Oy

Buyer: Accent Equity

Date: Deal announced on August 14, 2024

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

Press release