Fylgia has advised Visma at the acquisition of Aditro Public Oy

Visma Group and Aditro have signed an agreement whereby Visma acquires 100 percent of the shares of Aditro Public Oy in Finland. The acquisition has been approved by the Finnish Competition and Consumer Authority and will be completed during September. The acquisition includes the public sector HRM solution, Personec HR, as well as the digital Financial Management System, Wintime, and its customer base in the private and public sector. Aditro Public Oy’s revenue amounted to 22,7 million euros in 2017 and the company has 153 employees.

Visma was advised by Fylgia’s partner Mattias Larsson (Head of M&A).