TRUST. advised Kantamo Oy in M&A deal between two Finland’s largest Minnesota treatment providers
TRUST. advised Kantamo Oy in M&A transaction in which two of Finland’s largest Minnesota-treatment providers combined their operations. Link to the press release here.
Minnesota-style treatment is a form of treatment originally developed in the United States based on a 12-step program. It is one of the most widely used institutional drug treatments in the world. In Sweden, for example, 70% of institutional rehabilitation takes place using the Minnesota model. The treatment consists of a one-month institutional period and an eleven-month follow-up. The results are monitored weekly for 12 months.
The arrangement will be implemented as a share exchange, in which the Fenix clinics will become a subsidiary of Kantamo and the owners of Fenix will receive 30% of the shares in the combined company.
TRUST. team consisted of our partner Jan Lindberg, associate Lauri Nieminen and partner Juha Taipale.