Hannes Snellman Advised Framery Group Plc on its IPO and Listing on Nasdaq Helsinki

Hannes Snellman advised Framery Group Plc on its initial public offering and listing on Nasdaq Helsinki. The EUR 230 million transaction comprised Framery’s share issue of EUR 20 million and a share sale of up to EUR 210 million by Framery’s shareholders, implying a valuation of EUR 633 million immediately following the IPO.

Framery aims to solve working disruptions stemming from the increased popularity of open office layouts, hybrid work, space optimisation and video conferencing while providing sustainable, space and cost efficient solutions compared to traditional meeting rooms. Framery is the global market leader in its core markets for soundproof smart pods, with an emerging position in smart office solutions.

Hannes Snellman’s core team comprised Antti Kuha, Erik Stenman, Linnea Lehtonen, Claes Backström, Anniina Järvinen, Elina Toivakainen, Semmi Seljavaara, Samuel Åkerlund, Roope Sevón, Sofi Lehtinen, Jatro Pihlavamäki, Salla Mäki and Anni Nohteri (Public M&A), Antti Nyberg, Pauliina Sutinen and Kristian Suominen (Finance), Stefan Stellato, Ilmari Mäkimattila, Piia Ahonen and Kerttu Kaksonen (Tax), Riikka Kuha (ESG), and Sofia Tyykiluoto (Real Assets).