Krogerus advises Solita on its acquisition of Palmu

Krogerus advised Solita Finland Oy, a Finnish digital business consultancy and digital services company, on its acquisition of all the shares in Palmu Inc. Finland Oy, a service design agency.

Solita's revenue in 2016 amounted to EUR 58.5 million. Palmu's revenue in 2016 amounted to EUR 7.6 million and together Solita and Palmu are aiming for nearly EUR 80 million in revenue in 2017.

The Krogerus team was led by partner Sami Martola. He was mainly assisted by senior associate Lauri Raade and associates Suvi Tervahartiala and Laura Laukkanen. Counsel Heidi Kivenjuuri advised on banking and finance issues.