Transaction

Clearwater advises Partnera Oyj on the acquisition of KPA Unicon Group

Transaction

Partnera Oyj acquired KPA Unicon Group

Buy-side

Undisclosed

Role

Adviser to Partnera Oyj on the acquisition of KPA Unicon Group

Sector

Industrial & Chemicals

Region

Finland

We have advised Partnera Oyj, a Finnish sustainable business services company, on the acquisition of KPA Unicon Group, a new clean-energy solutions provider, with 70% of shares in KPA Unicon Group being sold to Partnera Oyj. The acquisition will make Partnera the majority shareholder (70%) of KPA Unicon Group. The Kovanen family’s company Prounicon Oy will continue as the Group’s minority shareholder (30%).

KPA Unicon is a Finnish company that has been an advocate of clean, renewable energy since 1990. KPA Unicon creates and implements new clean-energy solutions around the world. Partnera will be a long-term majority owner of KPA Unicon. As a financially solid owner, it will help KPA Unicon implement its international growth strategy and develop new clean-energy solutions.

Illustration for Partnera KPA Unicon

This transaction is a very important step in implementing Partnera’s strategy to own companies providing sustainable energy solutions. Clearwater's wide advisory experience was crucial in finding the deal structure that was acceptable for all parties involved in the transaction.

Jari Pirkola, CEO of Partnera

Being part of the journey where Partnera entered into a completely new business area has been exciting and professionally rewarding. Partnera is a long-term owner who in this transaction made a complex investment decision – Partnera had to take into account the foreseen changes in the energy markets towards fossil free energy, company specific competencies in various technologies as well as to create transaction and financing structures that support the joint goals by Partnera and the minority owner Prounicon.

Ari Leppänen, Partner, Clearwater

Advisers

Transactions