References/1 Sep 2023

Borenius assisted Ponsse in the sale of its maintenance service operations in the North-West US

We, together with a US law firm Fredrikson & Byron, advised Ponsse Plc on the transaction involving the sale of its maintenance service operations located in Coburg, Oregon to PacWest Machinery. The agreement was signed on 7 August 2023, and officially completed on 1 September 2023.

The transaction included the transfer of Ponsse’s service centre, along with its machinery and spare parts stocks owned by Ponsse North America, Inc., the company’s subsidiary in the US. Concurrently, a retail agreement was signed between Ponsse North America Inc. and PacWest.

Borenius’ strong US presence played an important role in this transaction, allowing the firm to not only provide legal advice but also assist in locating a suitable partner for Ponsse. This ability to navigate the US market and legal landscape, coupled with the capacity to identify and secure partnerships across the US, attests to Borenius’ comprehensive, cross-border legal services. The firm’s expertise ensures smooth transitions and successful outcomes for their clients’ business operations.

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Service areas

Team

Johannes Piha

Partner

Helsinki

Linda Inkinen

Associate

Helsinki

Marina Wels

Associate

Helsinki