EY acted as the financial and tax advisor in the sale of Picosun

21 Jun 2022
Authors
Päivi Pakarinen

EY Finland, Strategy and Transactions, IPO Leader

Trusted IPO professional. Seasoned transaction advisor. Avid traveler. Commuter cyclist. Proud mother of three girls.

Kalle Koskinen

EY Finland, International Tax and Transaction Services, Partner

Tax advisor specialized in M&A and reorganizations.

Joonas Juvonen

EY Finland, Strategy and Transactions, Director

Transaction professional with a financial focus. Enjoys doing and watching sports.

21 Jun 2022

On 16 June 2022, it was announced that Applied Materials has acquired Picosun Oy and its subsidiaries.

Picosun is an Espoo based semiconductor equipment business which is known to be the leading ALD thin film coating technology company in the world with annual net sales of ca. €42 million and having over 200 employees across the globe. 

EY provided exit readiness, financial and tax advice as well as other relevant support to Picosun in the process. It provides yet another great example of EY’s capabilities to support our clients in complex cross-border transactions by combining expertise across a number of competency areas.

The EY team in the process included amongst others Päivi Pakarinen, Kalle Koskinen, Joonas Juvonen, Topi Kauttu, Linda Wagner and Sami Saloniemi.

EY contacts: Päivi Pakarinen, Kalle Koskinen, Joonas Juvonen

Read more

Summary

EY provided transaction services including exit readiness, financial and tax advice to Picosun in the sale of the business to Applied Materials 

About this article

Authors
Päivi Pakarinen

EY Finland, Strategy and Transactions, IPO Leader

Trusted IPO professional. Seasoned transaction advisor. Avid traveler. Commuter cyclist. Proud mother of three girls.

Kalle Koskinen

EY Finland, International Tax and Transaction Services, Partner

Tax advisor specialized in M&A and reorganizations.

Joonas Juvonen

EY Finland, Strategy and Transactions, Director

Transaction professional with a financial focus. Enjoys doing and watching sports.