LKOS Law Office advised SIA OŠUKALNS on the acquisition of Suomen Tervaleppä Oy in Finland
LKOS Law Office advised SIA OŠUKALNS on the acquisition of Suomen Tervaleppä Oy in Finland
LKOS Law Office advised SIA OŠUKALNS, a Latvian company based in Jēkabpils, in connection with its acquisition of the Finnish company Suomen Tervaleppä Oy.
About SIA OŠUKALNS
SIA OŠUKALNS is a Latvian company based in Jēkabpils with operations in the forestry, timber processing and related sectors. The acquisition of Suomen Tervaleppä Oy marked an important step in the company’s expansion into the Finnish and wider Nordic market.
Suomen Tervaleppä Oy had been a long-standing business partner of SIA OŠUKALNS in Finland, particularly in the sauna materials segment. The transaction allowed SIA OŠUKALNS to strengthen its presence in Finland and develop its position in the Nordic market.
Our Role
SIA OŠUKALNS sought our support in connection with the acquisition of a Finnish company and the related cross-border transaction process.
Our mandate included conducting legal due diligence, drafting the transaction documentation, and advising the client throughout the acquisition process. We supported the client in reviewing the Finnish legal and business aspects of the transaction and in ensuring that the transaction documentation reflected the agreed commercial terms clearly and appropriately.
As a Latvian-speaking lawyer based in Finland, Liene Krumina assisted the client in navigating the Finnish legal and business environment and helped ensure clear communication between the Latvian client, the Finnish counterparty and local advisors.
The client highlighted that having legal support in their own language was an important part of the process. The ability to communicate in Latvian, while receiving advice from a lawyer based in Finland with local legal and business understanding, helped make the cross-border acquisition process clearer, more efficient and easier to manage.
This engagement reflects the type of work we do best: supporting companies in cross-border transactions with legal advice that is technically sound, practical and easy to understand.
Frequently Asked Questions
What was LKOS Law Office’s role in the SIA OŠUKALNS acquisition?
LKOS Law Office advised SIA OŠUKALNS in connection with its acquisition of Suomen Tervaleppä Oy in Finland. Our work included legal due diligence, drafting the transaction documentation, and advising the client throughout the acquisition process.
Why was Latvian-language legal support important in this transaction?
The transaction involved a Latvian company acquiring a Finnish company. Having a Latvian-speaking lawyer based in Finland helped the client communicate clearly, understand the Finnish legal and business environment, and manage the acquisition process more efficiently.
Why is local legal support important in cross-border acquisitions?
In cross-border acquisitions, local legal support helps the buyer understand the target company’s legal position, identify transaction risks, prepare appropriate documentation, and ensure that the acquisition is completed in line with local legal requirements and market practice.