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January 24, 2026
Freshfields advises One Equity Partners on its sale of Walki

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- Freshfields Bruckhaus Deringer advised One Equity Partners on the sale of Walki, a Finland-based specialty packaging materials manufacturer, to Oji Holdings Corporation
- Walki, founded in 1930 and headquartered in Espoo, operates 17 production facilities globally and employs over 1,700 people
- Freshfields previously advised One Equity Partners on Walki's acquisition in 2018
- The transaction involved a multidisciplinary Freshfields team across several offices, with local Finnish law advice provided by Krogerus.
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) advised One Equity Partners, a leading private equity investment firm, on its sale of Walki to Oji Holdings Corporation. Details of the transaction can be found here. Founded in 1930 and headquartered in Espoo, Finland, Walki is a specialty packaging materials manufacturer, offering consumer and industrial packaging for food and specialty consumer products, as well as engineered materials, such as insulation and fire-retardant facings, sustainable membranes, and protective clothing applications. Walki has 17 production facilities worldwide and employs more than 1,700 people. Freshfields had also advised One Equity Partners on its acquisition of Walki in 2018. The Freshfields team was led by Partners Steffen Kleefass and Arend von Riegen as well as by Associates David Anschütz and Viviane Cismak (all Corporate/M&A, Frankfurt). They were supported by Partner Michael Josenhans and Associate Aleksandar Djurdjevic (both Frankfurt, Finance), Partner Frank Schaer and Associate Johanna Hirth (both Employment Law, Frankfurt), Counsel Sascha Arnold (Hamburg/Berlin) and Principal Associate Katharina Reinhardt (Berlin, both Regulatory), Principal Associate Vanessa van Weelden (Brussels) and Associates Helena Haag (Berlin) and Gisela Santos (Brussels, all Antitrust), Counsel Stefan Bajohr (Düsseldorf) and Associate Nina Gawert (Munich, both Commercial/IP), Principal Associate Marcel Michaelis (Compliance, Berlin) and Counsel Sebastian Roeger (Frankfurt, Tax), Counsel Carla Gómez and Associate Mario Pacini (both Corporate, Madrid). The team further comprised Senior Transaction Lawyers Panagiotis Rentzeperis (Frankfurt) and Pipitsa Kousoula (Hamburg). Local law advice in Finland was rendered by a team around Mika Ståhlberg from Krogerus which is part of Freshfields worldwide StrongerTogether network.
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