Nordhaven advised Toijala Works on EUR 31 million credit facilities

29 june 2023

Toijala Works Oy is a machinery and equipment company with expertise especially in heavy industrial vehicles. Its offering includes contract manufacturing but also own products, such as its line of TW LogStackers. The family owned company has revenues of approximately EUR 45 million and employs around 200 professionals. The new EUR 31 million financing package includes a commercial guarantee limit, term loans, and an overdraft.

The financing package secures our new factory and machinery investments and provides financial flexibility for future business opportunities. Thanks to Nordhaven, we now have diversified sources of financing. We are very satisfied with Nordhaven's support – from process planning to signing", says Heimo J. Aho, Chairman of Toijala Works Oy.

"We thank Toijala Works for their trust in Nordhaven. The transaction is yet another proof of our Debt & Capital Advisory and industrial sector capabilities", says Martti Purhonen, Partner at Nordhaven.

 

For further information:

Martti Purhonen, +358 45 616 1551, martti.purhonen@nordhaven.com

Kalle Helander, +358 40 504 3462, kalle.helander@nordhaven.com

Nicholas Sörensen, +358 40 560 6446, nicholas.sorensen@nordhaven.com

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