Magnusson Finland advised Flowplus Oy on its acquisition of the maintenance business of Oy Lining Ab located in Lappeenranta

Magnusson Finland advised Flowplus Oy on its acquisition of the restructuring, maintenance and repair business of Oy Lining Ab located in Lappeenranta. The acquisition was executed through asset purchase on 29 November 2019.

Flowplus Oy is engaged in the maintenance and operation of flow technology whose client base consists mainly of operators in industrial, energy and infrastructural field. Flowplus Oy provides versatile maintenance and operation services for valves, pumps, electric motors and other rotary machines.

Oy Lining Ab is engaged in the sale, maintenance and repair of water and wastewater valves, pumps, and pumping stations in Vantaa. The business unit acquired by Flowplus Oy operates in Lappeenranta in the restructuring, maintenance and repair business of pumping stations.

The Magnusson team comprised team leader Kirsi Putkonen and Rosa Väänänen.