Waselius represented Aars, the investment company of the Møller family, in Finnish law aspects of its majority investment in Northcom Solutions, a leading supplier of mission-critical communications solutions in the Nordic region with core customer segments including emergency services (police, fire, healthcare), defence, transportation and utilities.
The former majority owner family, Hagen Stomperud, sold approximately 70 percent of Northcom Solutions to Aars and retained approximately 30 percent ownership following the transaction.
The transaction was also scrutinized under the Finnish Foreign Direct Investment regime, as an increasing number of acquisitions today, and cleared without conditions.