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Folks acted as legal adviser to the minority shareholders of Aste Holding Oy and CapMan Growth in a transaction in which Eniro Group AB acquired the entire share capital of Aste Holding Oy.

Aste is a Finnish specialist company focused on digital production and marketing. The company combines creative design, multichannel production and technological solutions across different channels. Its clients include media companies, retailers, telecommunications operators, organisations and associations.

Through the acquisition, Eniro Group strengthens its position in the Finnish marketing services market and complements its existing operations in Finland, particularly in the corporate customer segment. The transaction lays the foundation for a broader Nordic operator capable of offering digital marketing services across the entire value chain, from strategy and production to distribution.

Warm congratulations to all parties on a successful transaction, and thank you for the great collaboration!

Folks acted as the buyer’s legal adviser in an acquisition in which Keskisuomalainen Oyj acquired 100% of the shares in Arena Interactive Oy.


Arena Interactive Oy is a Finnish SMS and instant messaging specialist company that provides solutions for messaging services and integrations for customer surveys. Arena Interactive has over 20 years of experience in developing digital messaging services. Keskisuomalainen Oyj is a Finnish media group which, through this acquisition, strengthens its digital business as well as its data-driven customer engagement.


Warm congratulations to all parties on a successful transaction, and thank you for the great collaboration!

The importance of solutions that support sustainable development continues to grow, and it is motivating to work on projects related to them. Elea & Lili Oy is a Finnish deep tech company developing cellulose-based, highly absorbent materials to replace fossil-based alternatives, especially for hygiene and agricultural use. We assisted Elea & Lili with the incorporation of the company as well as its early-stage funding round.


At the same time, we supported the efficient launch of the business by drafting critical contract templates and advising, among other things, on employment law and IPR matters. A key focus of the engagement was to build a legal foundation for Elea & Lili that supports its practical business needs and its future growth, commercialisation and international expansion.


Kaksi miestä seisoo hymyillen toimistossa. Yhdellä on valkoinen paita, toisella sininen. Tausta on valkoinen, modernilla sisustuksella.
Miika Nikinmaa ja Tatu Miettinen, founders of Elea & Lili

“Folks responded to our needs very quickly and supported us proactively during the fast-paced launch of our operations. This was extremely critical for us to be able to execute our business plans.”— Tatu Miettinen, Co-founder, Elea & Lili


We would like to thank Elea & Lili for the collaboration and wish them success in the next phases of growth and commercialisation.


More information about the company: elealili.com

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