Inside information: Due2Energy Oy, a Partnera Group company, has submitted a claim letter to the insurer and the sellers related to the acquisition of KPA Unicon Group Oy

Unofficial translation of the company release on 12 May 2023 at 13:05 EEST. In case the document differs from the original, the Finnish version prevails.

Partnera Corporation
Company release, Inside information
12 May 2023 at 13:05 EEST

Inside information: Due2Energy Oy, a Partnera Group company, has submitted a claim letter to the insurer and the sellers related to the acquisition of KPA Unicon Group Oy
 

Due2Energy Oy, a Partnera Group company, acquired the entire share capital of KPA Unicon Group Oy in April 2021.

Due2Energy Oy has today, 12 May 2023, by the restructuring administrator, submitted to the insurer and the sellers the claim letters related to the acquisition in accordance with the purchase agreement and the warranty and indemnity insurance. With the claim letters, Due2Energy Oy secures the right to submit to the insurer and the sellers any subsequent claims in connection with the acquisition.

The companies in corporate restructuring are currently undergoing a restructuring audit. The investigation of the claims related to the acquisition is still in progress and the company will provide further details once the investigation is completed.

Partnera Corporation owns 70 per cent of Due2Energy Oy and Prounicon Service Oy owns 30 per cent. Partnera Corporation announced earlier that the Oulu District Court issued a decision to start the corporate restructuring in Due2Energy Oy and its subsidiaries KPA Unicon Group Oy and KPA Unicon Oy, which belong to the Partnera Group.

More information

Partnera Corporation
Jari Pirkola, CEO
telephone: +358 400 867 784
e-mail: jari.pirkola@partnera.fi

Certified advisor,
EY Advisory Oy
telephone: +358 207 280 190
e-mail: ollipekka.kotkajuuri@fi.ey.com

Partnera in brief

Partnera is an international business group that owns companies that promote sustainable development in the circular economy and energy sectors, for example. Through our operations, we create shareholder value and a more sustainable future. The companies we own produce products and services for society’s needs, and their business activities are aligned with the megatrends that are shaping the business environment. We act as a partner to the companies we own, and our aim is to develop their business and value with a long-term approach. In building our business group in accordance with our strategy, we are also an impact investor whose aim is to use its capital on the development of business activities that can promote positive impacts on society and progress towards the goals of sustainable development. Partnera’s shares are listed on Nasdaq First North Growth Market Finland. www.partnera.fi/en