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Announced

15 Feb 2021

Completed

30 Apr 2021

AIC Mikhailovsky completed the acquisition of Pit-Product from Atria Group for €30m.

Synopsis

AIC Mikhailovsky completed the acquisition of Pit-Product from Atria Group for €30m. The effect of the divested business on Atria Group's net sales is approximately €35m. The business has been loss-making.

Principals

target

PIT-PRODUCT

bidder

Aic Mikhailovsky

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Market Context

Dealmakers (13)

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Jyrki Halonen

ManagerChairman at ATRIA GROUP

Tinya Tillander

LawyerAssociate at Castren & Snellman

Tomas Backlund

ManagerCFO at ATRIA GROUP

Annamari Friskopf

LawyerSenior Associate at Castren & Snellman

Heidi Paalanen-Koev

LawyerPartner at Castren & Snellman

Juha Grohn

ManagerCEO at ATRIA GROUP

Victoria Goldman

LawyerManaging Partner at Eversheds Sutherland

Sergey Matyushok

Financial AdvisorManaging Director at goetzpartners

Mikhail Timonov

LawyerPartner at Eversheds Sutherland

Anton Bakov

LawyerCounsel at Eversheds Sutherland

Yulia Kudryavtseva

Financial AdvisorDirector at goetzpartners

Herbert Werle

Financial AdvisorManaging Director at goetzpartners

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