Acquisition of Jackon Holding
Together with Cirio, Thommessen, Pinsent Masons and RBB Economics, we advised Norwegian BEWI ASA in an arrangement where it acquired the entire share capital of Jackon Holding AS.
BEWI ASA is a Norwegian industrial group operating internationally that manufactures and sells insulation, packaging and component products mainly from EPS, XPS and EPP materials. Jackon offers a wide variety of EPS, XPS, EPP and EPE products, e.g. insulation, elements, wet room boards, other construction systems, packaging products and technical components for industrial purposes. The merger of the companies expands the product range and brings significant synergistic benefits.
The competition authorities in Finland, Sweden, Norway and Germany were notified of the transaction. We assisted BEWI ASA in reporting the acquisition to the Finnish Competition and Consumer Authority.