The Finnish Competition and Consumer Authority (FCCA) has unconditionally approved the acquisition of Pohjola Hospital by Pihlajalinna. Merilampi represented Pihlajalinna.
In the acquisition, the entire stock of shares of Pohjola Hospital will be transferred to Pihlajalinna. The net debt-free cash price of the transaction has already been announced at EUR 31.8 million.
With the acquisition, Pihlajalinna’s service network will expand significantly not only to the capital region but also to other growth centers.
Pihlajalinna is Finland’s one of the leading private social and health care services providers in Finland. Pihlajalinna is under Finnish ownership, and it has almost 6 000 professionals providing services in over 140 locations across Finland. It has customers include private individuals, companies and public sector entities, municipalities, and hospital districts.
Competition and EU Law
Our Competition and EU Law team is one of the most experienced in the field. We have represented our clients in Finland’s highest-profile and most significant competition law cases, and our team has been recognised in many international rankings. In addition, our lawyers took part in the drafting of Finnish competition and procurement legislation.
