HPP advised the Finnish parties in the combination of Hobby Hall and Hansapost

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HPP advised Hobby Hall Oy and its Finnish shareholders SGN Group Oy and Four P&P Consulting Oy in the combination of Hobby Hall´s and Hansapost´s, which is the biggest online store in Estonia, online businesses. The combination created a new prominent international online store operator, the turnover of which is over 80 million euros, number of employees approximately 200 and the product portfolio exceeding 330,000 products.

Hobby Hall was acquired by a Finnish family owned company SGN Group in the beginning of 2017. “We started the renewal of the online store in the beginning of 2017 and the combination is a major step forward for Hobby Hall. We have been satisfied with the smooth cooperation with HPP Attorneys”, says Sam G. Nieminen, the managing director of SGN Group.

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