Deloitte supported Patria in acquiring a majority of Milrem LCM
Deloitte provided financial, legal and tax transaction support services to Patria OYJ on acquiring a majority stake in Milrem LCM OÜ, the largest defence maintenance contractor in Estonia
Patria, partly owned by the state of Finland, is a provider of defence, security and aviation life cycle support services and technology solutions. Besides Finland, the group has operations in Sweden, Norway, Estonia, Poland, the United Arab Emirates, the United States and South Africa.
Milrem acquisition is part of the execution of the new Patria strategy in which one of the main growth areas is partnerships with defence forces in life-cycle support services, particularly in Northern Europe.
The team was led by Monika Kallas (Financial), supported by, among others, Liisu Lell (Tax) and Attorney-at-Law Tiina Pukk from Law Firm Deloitte Legal.
More information about the acquisition can be found here.