AKD has successfully assisted Nasdaq Helsinki listed Aspo Plc (HEL:ASPO) and its subsidiary Telko with the acquisition of the industrial lubricants distribution businesses of Optimol in the Netherlands, Belgium, France and Luxembourg, strengthening its position in the European lubricants market.

The AKD team guided Aspo and Telko throughout the entire transaction, from the multi-juridisdictional due diligence process all the way to the signing of the final transaction documentation and the simultaneous closing in various countries.

Lead partner Lennart Crain: "We are pleased to have assisted Aspo and Telko on this complex matter, involving all our home jurisdictions in the Benelux and together with one of our best-friend law firms in France."

Led by Lennart Crain, the core team consisted of Timothy Speelman, Peter Cohen, Pieter De Vos, and Lisanne Maes (Corporate), Remco Bosveld and Daan ter Wee (Notarial), Werner Heyvaert and Ludo Luijks (Tax), Steven Ongena and Pol Cools (Real Estate), and Julien Hick and Heleen Franco (Employment).

For more information, see the press release by Aspo here and by Telko here.