Transaction

Clearwater advises Toijala Works on its €31m credit facilities

Transaction

Toijala Works' €31m credit facilities

Debt Advisory

€31m

Role

Adviser to Toijala Works on its €31m credit facilities

Sector

Industrial & Chemicals

Region

Finland

We have advised Toijala Works on its €31m credit facilities. Toijala Works Oy is a machinery and equipment company with expertise especially in heavy industrial vehicles. Its offering includes contract manufacturing but also own products, such as its line of TW LogStackers. The family owned company has revenues of approximately €45m and employs around 200 professionals. The new €31m financing package includes a commercial guarantee limit, term loans, and an overdraft.

Illustration for Toijala Works

The financing package secures our new factory and machinery investments and provides financial flexibility for future business opportunities. Thanks to Clearwater, we now have diversified sources of financing. We are very satisfied with Clearwater's support – from process planning to signing.

Heimo J. Aho, Chairman, Toijala Works Oy

We thank Toijala Works for their trust in Clearwater. The transaction is yet another proof of our Debt Advisory and industrial sector capabilities.

Martti Purhonen, Partner, Clearwater

Advisers

Transactions