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HSE_CASE_NR: 198-022 | status: active
Title: PARTEK 1992
Authors: Honkaniemi, Jukka
Ahola, Juhani
Seward, James K. (supervisor)
Material: 8 pages + 3 appendices
Publication year: 2001  Language: eng
Keywords: corporate finance; Finnish construction materials business; market value; mergers & alliances; restructuring
Abstract: In March 1992, Kari Heinistö, Head of Corporate Planning at the Finnish construction materials company Partek, was attending a secret meeting. Heinistö was going to meet the Head of Corporate Planning at the Finnish conglomerate Metra. Partek and Metra, through its subsidiary Lohja, were both dominant players in the Finnish construction materials market. In a very difficult economic situation (Finland was in the middle of a serious recession), Mr. Heinistö had to find a restructuring solution together with his colleague that would be acceptable to both Partek and Metra. Or, if that was not possible, a way to restructure Partek alone. The case is best used with the accompanying industry note, reflecting the Finnish economy and the construction materials industry in general.

Related teaching note:
Notes: 6 pages
Publication year: 2001  Language: eng

Case is available from ecch case collection:
» ecch case info (21931)
[reference nr 301-104-1]