News/23 Oct 2014

Borenius Advised Paroc Group Oy (“Paroc”) and Its Owners in the Sale of Paroc to the Funds Advised by CVC Capital Partners for an Enterprise Value of Approximately EUR 700 Million

We advised Paroc Group Oy (“Paroc”) and its owners in the sale of Paroc to the Funds advised by CVC Capital Partners for an Enterprise Value of approximately EUR 700 million.

Headquartered in Helsinki, Paroc is the leading producer of stone wool insulation in the Nordic and Baltic regions, producing building insulation and technical insulation for the residential and commercial construction markets, as well as various industrial applications. The group has approximately 2 100 employees and a pan-European sales presence, supported by 9 production facilities in Finland, Sweden, Lithuania, Poland, and Russia.

Our team was led by Managing Partner Jari Vikiö and our core team included Partners Andreas Doepel, Ilkka Aalto-Setälä, Juha Koponen, Casper Herler, and Managing Partner, Russia Andrei Gusev.

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