Highlight 30 August 2024

Krogerus advises Sentica and other sellers on the sale of Secto Automotive to Hartwall Capital

Krogerus advised Sentica, an independent private equity company, and other sellers on the sale of Secto Automotive, a Finnish-owned B2B car leasing operator, to Hartwall Capital. Hartwall Capital will become the main owner of Secto Automotive as a co-investor together with Secto's founder and chairman Matias Henkola's investment company Daleheart Oy.

Secto aims to become the Finnish market leader in the outsourcing service of company cars. Hartwall Capital becoming the main owner of Secto will strengthen Secto's strategic growth and development. Simultaneously with this transaction, Secto has also formed a strategic partnership with Kamux concerning the sale of returned leasing cars.

The Krogerus team was led by Partners Mika Ståhlberg and Annika Schauman and they were primarily assisted by Counsel Jasmin Wardi and Associate Jonas Holm. Partner Leena Lindberg advised on regulatory matters and she was assisted by Associates Oskar Kaskela and Jonni Tiainen.

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