We advised Ilkka Oyj on its acquisition of Custobar Oy

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We advised Ilkka Oyj on its acquisition of Custobar Oy

September 01, 2026

Finland
Finland
Finland
Eversheds Sutherland advised Ilkka Oyj, a marketing and technology company listed on Nasdaq Helsinki, on its acquisition of the entire share capital of Custobar Oy, a consumer-focused customer data platform (CDP) and marketing automation provider operating on a SaaS model. 
The acquisition supports Ilkka's strategic objective to become a key technology, data and marketing player in Northern Europe, further strengthening the group's data and technology business area. The deal had an enterprise value of EUR 12 million. Custobar will continue to operate under its own brand and existing contracts, with its current management.

Ilkka group CEO Olli Pirhonen commented: "This acquisition continues our strategic path of digital growth and further improves our ability to serve our clients' needs comprehensively. Custobar's CDP solution further complements our role as the most effective partner in our clients' marketing and sales."

Our work covered the full legal scope of the transaction. Our team was led by partner Kirsi Karvonen, together with Josefina Lind and Otto Michelsen.
 
The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

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kirsi.karvonen@eversheds.fi

Kirsi Karvonen

Partner

Oulu, Finland

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