We have advised the Finnish state on the sale of 85% of its share in Raskone Ltd, while Governia sold the remaining 15%, to Lease Deal Group Plc., a Finnish conglomerate. Raskone Ltd specializes in the servicing and maintenance of utility vehicles. Lease Deal Group Oyj is a Finnish multisector group. The state's revenue from the sale is €7.2m, which includes repayment of the subordinated loan granted to Raskone. In the same deal, the wholly state-owned special assignment company Governia Oy sold its 15% holding in Raskone Ltd.
Transaction
Clearwater advises the Finnish state on the sale of Raskone Ltd. to Lease Deal Group Plc.
Transaction
Finnish state sold Raskone Ltd. to Lease Deal Group Plc.
Sell-side
Undisclosed
Role
Adviser to the Finnish state on its sale of Raskone Ltd. to Lease Deal Group Plc.
Sector
Automotive
Industrial & Chemicals
Region
Finland
Advisers
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