Tieto and EVRY joining forces to create a leading Nordic digital services company

Avance advises Solidium Oy, one of the largest shareholders in Tieto, in connection with the planned merger between Tieto Corporation and EVRY ASA. Under the terms of the merger, EVRY will merge into Tieto in a cross-border merger.

With combined revenue of close to EUR 3 billion and 24,000 professionals, the combined company will be well positioned to create digital advantages for Nordic enterprises and society.

The merger is subject to approval by Tieto’s and EVRY’s general shareholders meetings and other customary closing conditions.