Our Finnish Corporate team advised Silmäasema (Finland’s leading provider of eye care services and second largest optician chain) in a recent transaction where Finnish private equity firm Intera Partners acquired the majority of shares in Silmäasema.
In connection with the transaction, members of the current management of Silmäasema will become important minority holders. The Bird & Bird team led by partner Harri Hynninen and also comprising Counsel Salla Tuominen and Associate Iina-Mari Supperi advised the company not only in legal but also in financial aspects of the deal.
"I was amazed of how swiftly and efficiently the deal was done. It was fascinating to watch the solid expertise with which Bird & Bird's team handled the matter" Mr. Pentti Sihvola, Counsellor, Chairman of the Board of Silmäasema Fennica commented.
Silmäasema aims to grow not only in terms of the range of products and services it offers, but also geographically. Completion of the transaction is subject to approval by the competition authorities and the deal is expected to close by the end of August.