Recent work | September 5, 2022

Roschier advised the main shareholders in the sale of Picosun to Applied Materials

The main shareholders have agreed to sell Picosun Oy, a Finnish innovator in atomic layer deposition (ALD) technology to Applied Materials, Inc. Roschier acted as lead counsel to the sellers with Skadden advising on US law.

The Picosun Oy shareholders include, among others, Stephen Industries Inc, CapMan, First Fellow Partners and Tesi (Finnish Industry Investment Ltd).

Applied Materials, Inc., is a US-based leading manufacturer of materials engineering solutions used to produce semiconductors and advanced displays.

Picosun Oy is based in Finland, with subsidiaries in Germany, USA, Singapore, Japan, South Korea, China mainland and Taiwan, and offices in India and France.

Roschier’s main advisory team comprised Jon Unnérus, Kiira Tuohimaa-Leisio, Wiljami Siitonen, Laura Hakkarainen, Amanda Rekonen, Ami Paanajärvi, Harri Puskala and Johanna Flythström.