HPP advised the seller, Kraft Foods Finland, on the entire transaction process including data room preparation and management as well as drafting and negotiating the transaction documentation and closing the deal.
Kraft Foods Finland is one of the leading biscuit producers in Finland. In connection with the sale of its biscuit production facilities the well-known trademarks of Jyväshyvä and Carneval (as well as other locally known brands) were transferred to Fazer Group. In total 85 employees were transferred to Fazer Group in connection with the business transfer.
Kraft Foods Finland was advised by partner Björn Nykvist, specialist counsel Markku Mäkinen, senior associates Antti Säiläkivi and Tea Telamo and associates Salla Viitikko and Mikaela Åkerberg.