Krogerus

Krogerus advises SOK on share divestment

Krogerus has advised SOK Corporation on its 60 per cent divestment of the shares in Finnish agribusiness Hankkija-Maatalous to DLA International Holding, a subsidiary of the DLA Group in Denmark.

Hankkija-Maatalous employs approximately 900 staff and has annual revenue of close to €1bn (£858m).

The DLA Group co-ordinates wholesale trading activities for 32 co-operative and privately owned raw-materials companies in Denmark, Norway, Sweden, Finland and the Baltic states. It employs around 2,700 people and has annual retail revenue of €bn.

The Krogerus team was led by partner Kimmo Mettälä. Partner Sami Laine advised on real-estate and intellectual-property matters, partner Katri Joenpolvi gave competition law advice and associate Pessi Honkasalo provided assistance in the transaction.

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Total staff: 160
Total partners: 29