Global law firm White & Case LLP has advised Nordstjernan on the acquisition of Finnish diagnostics group Aidian.
Nordstjernan is a family-controlled investment company that develops companies through active ownership to create long-term growth. In total, Nordstjernan's holdings generate sales in excess of SEK100 billion and have approximately 50,000 employees. Nordstjernan's largest shareholders are the Axel and Margaret Ax:son Johnson Foundations.
Aidian was established in 1974 as a subsidiary of Orion, a Finnish pharmaceuticals company. In addition to its headquarters in Espoo, Finland, Aidian has a local presence in a further twelve countries and a global presence via distributors in over 60 export markets. The company has over 250 employees and reported sales of approximately €100 million in 2021.
The White & Case team which advised on the transaction was led by partner Jan Jensen (Stockholm) and included partners Janko Lindros (Helsinki), Carl Hugo Parment (Stockholm), Tilman Kuhn (Düsseldorf and Brussels) and Charles Larsen (Boston), counsel Marika Harjula (Brussels) and associates Jussi Kukko, Helen Happonen (all Helsinki), Martina Castrén and Louise Lundberg (both Brussels) and Victor Bengtson (Stockholm).
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