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Delphi and Avance Attorneys assist AddLife Development AB with the acquisition of Väinö Korpinen Oy
Delphi, together with Avance Attorneys, has assisted AddLife Development AB with acquiring Väinö Korpinen Oy. Väinö Korpinen Oy has successfully established itself as the leading supplier on the Finnish market for accessible bathroom solutions. All bathroom solutions and products are developed in close cooperation between designers and care professionals. The products’ functionality, materials, design and placement in the bathroom are all the result of thorough testing. The target group for the company’s solutions comprises individuals with special needs, including advanced age, people with disabilities and people with dementia.
The company currently sells its products primarily to the public sector and private care providers in Finland. The company has 15 employees and sales of about EUR 8 million. The acquisition fits squarely in with the Addlife group’s strategy for continued expansion in the home care sector and comprises an excellent complement to completed acquisitions in the area of home care.
Delphi's team consisted mainly of Fredrik Mörner (responsible partner) and Avance Attorneys’ team consisted mainly of Ilkka Perheentupa (responsible partner) and Jessica Grönholm (associate).
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Delphi is one of the top commercial law firms in Sweden. We help our clients with mergers and acquisitions. We advise them on matters of banking, finance and capital markets. We represent clients in court and in arbitration and are acknowledged as being extremely competent in public procurement, environmental law and real estate law.
Many of us are specialists in high-tech fields such as IT, intellectual property and life science. Our drive and our interest in technology and business probably explain, in part, our success. We are often praised for our commercial sense and our ability to understand the client’s business.
Our clients are to be found primarily in Scandinavia, Europe and North America. We also co-operate with law firms globally and regularly assist clients on international matters. We have a total workforce of approximately 185, of which more than 120 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.
