M&A Deal Summary

Aktia Bank Acquires Elisa Rahoitus Oy

On July 1, 2016, Aktia Bank acquired information technology company Elisa Rahoitus Oy from Elisa for 1M EUR

Acquisition Highlights
  • This is Aktia Bank’s 1st transaction in the Information Technology sector.
  • This is Aktia Bank’s largest (disclosed) transaction.
  • This is Aktia Bank’s 1st transaction in Finland.

M&A Deal Summary
Date 2016-07-01
Target Elisa Rahoitus Oy
Sector Information Technology
Buyer(s) Aktia Bank
Sellers(s) Elisa
Deal Type Divestiture
Deal Value 1M EUR

Target

Elisa Rahoitus Oy

Helsinki, Finland
website
Elisa Rahoitus Oy is a mobile payment service in Europe. It transmitted the payment message instantly from one user to another.

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Buyer(S) 1

Buyer

Aktia Bank

Helsinki, Finland

website

Category Company
Founded 1825
Sector Financial Services
Employees926
Revenue 201M EUR (2020)
DESCRIPTION

Aktia Bank is a provider of a broad range of products within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 350,000 customers who are served by nearly 1,000 employees at 50 branch offices and via web and telephone services. Aktia Bank was founded in 1825 and is based in Helsinki, Finland.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Finland) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-27 Aktia Bank - Non-Life Insurance

Finland

Aktia Bank Plc - Non-Life Insurance is a provider of insurance services.

Sell €24M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-23 Oy Samlink Ab

Espoo, Finland

Oy Samlink Ab is an experienced Finnish company developing solutions and providing services for the financial sector. As a partner of companies significant in their sectors, we provide them with reliable and straightforward cooperation. We have strong roots and solid competence in the development of multi-channel financial services. We provide comprehensive and cost-efficient services from banking systems to leading by knowledge solutions. We produce a competitive edge to our customers with innovative solutions and support their growth. We seek success with our customers.

Sell -

Seller(S) 1

SELLER

Elisa

Danvers, Massachusetts, United States

website

Category Company
Founded 1998
Sector Information Technology
DESCRIPTION

Elisa Corp. is a telecommunications, ICT and online service company serving 2.3 million consumer, corporate and public administration organisation customers. Elisa provides environment-friendly services for communication and entertainment, and tools for improving operating methods and productivity of organisations. In Finland Elisa is the market leader in mobile subscriptions.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Finland) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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