Senior secured bond EUR 13m
Taaleri Kapitaali acted as financial advisor in Festivo’s issue of EUR 13m senior secured bond.
Festivo Finland Oy is one of the leading Nordic manufacturers of refrigeration equipment for professional end-uses and households. Festivo acquiree Porkka Finland Oy and its subsidiaries from Huurre in December 2019. Porkka manufactures professional refrigeration equipment at its factories in Ylöjärvi and Kemijärvi. After the transaction Festivo’s annual net sales exceed EUR 50m and its sales coverage expands to the Great Britain and German-speaking Europe in addition to the Nordic countries.