On 15 July 2016, the Finnish Competition and Consumer Authority (FCCA) approved an acquisition based on which the private equity fund Intera Fund III Ky, which forms part of private equity firm Intera Partners Oy, will acquire Wise Group Finland Oy, which specialises in building industry consultancy, design and construction contracting services.
The FCCA has concluded that the acquisition will not significantly impede effective competition, since the parties of the transaction have no overlapping business operations and the arrangement will not change the current market situation.
Intera Partners Oy is a Finnish private equity firm that invests in Finnish and Nordic companies.
Wise Group Finland Oy is a Finnish company that provides building industry consultancy, design and construction contracting services for construction and renovation projects in Finland and the Baltic countries. Within its service portfolio, the company mainly focuses on residential properties, offices, commercial premises and public buildings.
The decision issued by the FCCA will be published later.
Further information: Research Officer Laura Kauppila, tel. +358 29 505 3335