HPP was pleased to assist Aquila Sachwert Basisfonds I Wald S.A, a Luxembourg fund and its Finnish Special Purpose Vehicles in closing the acquisition of significant forestry assets from leading Finnish forest owner, UPM Kymmene Oyj as well as securing a long-term commercial relationship concerning the management of the forest and harvesting of the standing timber located on the forest area.
The deal involved a range of legal issues including those issues arising from implementation of the SPV and ownership structure, real estate, tax planning and commercial agreement drafting.
Corporate partner Andrew Cotton led the HPP team which also included Real Estate partner Jari Tuomala and Associates Pauliina Lievonen and Sini Paajanen.
