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Oji Holdings Corporation / Nordic Bioproducts Group

See how IMAP’s M&A advisors supported this transaction.

Materials, Chemicals & Mining

Oji Holdings Corporation
World leading forest-based materials groups
Acquired Investment Interest in Seller's Business
Nordic Bioproducts Group
Development of biochemical applications
Advised on Sale of Company

Transaction advisors

Harri Roos
Partner
Edvard Björk
Associate
Jens Liman
Associate

Advised Nordic Bioproducts Group on a strategic investment from Oji Holdings Corporation

Nordic Bioproducts Group (NBG), a Finnish biomaterials company originating from research at Aalto University, has secured a strategic minority investment from Japan-based Oji Holdings Corporation, one of the world’s leading forest-based materials groups. The transaction provides Oji with a 20% ownership stake in NBG and establishes a long-term partnership focused on industrial collaboration, technology deployment, and global market development.

NBG develops next-generation cellulose technologies through its patented AaltoCell® platform, which converts forest biomass into high-value, low-impact cellulose materials. The partnership will initially focus on the production of microcrystalline cellulose (MCC), a specialty ingredient widely used in pharmaceuticals, nutraceuticals, food, and personal care products, within a global market valued at approximately USD 1.33 billion and expected to grow significantly in the coming years.

The investment supports the international scale-up of NBG’s technology and the commercialization of sustainable biomaterials produced from renewable forest resources. With a commercial-scale production facility in Lappeenranta, Finland, NBG is positioned to accelerate the industrial development of cellulose-based materials while expanding its presence in global markets.

Carner Corporate Finance (IMAP Finland) acted as exclusive financial advisor to Nordic Bioproducts Group in the transaction, continuing its long-standing collaboration with the company and supporting the strategic partnership with Oji Holdings.

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