Global law firm White & Case LLP has advised Accent Equity 2017 (Accent Equity) on the acquisition of Lunawood from funds managed by CapMan and other shareholders.
Key management will continue as minor shareholders. Accent Equity will support Lunawood's ambition for continued international growth, both organically and through add-on acquisitions.
Founded in 1994, Accent Equity Partners is one of the buy-out investment pioneers in the Nordic region, having advised investment funds that have invested in more than 80 Nordic mid-market companies.
Lunawood is the global leader in thermally modified Nordic softwood, a sustainable and rapidly growing alternative to traditional building materials and a substitute for tropical hardwood in decorative surfaces. The company, headquartered in Lahti, Finland, has three production facilities in Finland, sales employees in Finland, Germany and France and representatives in Russia and China. The company's products are sold in 50 countries.
The White & Case team which advised on the transaction was led by partners Janko Lindros (Helsinki) and Oscar Liljeson (Stockholm), and included partner Justus Herrlinger (Hamburg) and associates Jussi Kukko, Micke Kari, Oona Lilja (all Helsinki), Julia Cornelius, Louisa Maier-Witt (both Hamburg), Jonas Lagerroos and Philip Svensson Lindgren (both Stockholm).
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