SL Capital Partners acquisition of Gasum local distribution network

22/6/2015
Private acquisition

Completed

22/6/2015


Overview:

  • SL Capital Partners, a private markets specialist, successfully acquired the local gas distribution network of Gasum in Finland, the largest gas distribution system operator (DSO) in Finland comprised of Gasum Paikallisjakelu and Helsingin Kaupunkikaasu.
  • The acquisition included a loan provided by Skandinaviska Enskilda Banken and Pohjola Bank to the buyers.
  • The sale is part of Gasum's strategy to focus on the development of the Nordic gas market and energy infrastructure through environmentally friendly solutions.
  • Gasum will continue to carry the supply contracts with gas customers.

Wai Yee Tsang - Journalist

Jurisdiction:

Finland

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Finland

Industry sector:

Oil and gas


Firms:

Party: SL Capital Partners (Acquirer)


Party: Skandinaviska Enskilda Banken AB (Lender)

Party: Pohjola Bank (Lender)

Lawyer: Helena Viita