Hansab acquires majority stake in C2 SmartLight

Hansab Group, a leading provider of technology solutions across the Baltics, has acquired a majority stake in Finnish smart lighting company C2 SmartLight, marking its strategic expansion into the Nordic market. With over 30 years of experience, Hansab is known for its expertise in automation, security, and digital services.

For over two decades, C2 SmartLight has been at the forefront of smart lighting control solutions in Finland. The company offers energy-efficient, IoT-driven lighting control systems for streets, parks, harbours, and sports areas, serving over two-thirds of Finland’s population. By improving energy use and reducing light pollution, C2’s systems contribute to more sustainable, smart cities. With over 180 public sector clients, the company is a recognized leader in environmentally friendly street lighting.

This acquisition enhances Hansab’s portfolio in smart light management, a rapidly growing sector driven by sustainability goals and the green energy transition. Both companies share a commitment to innovation and smarter urban infrastructure. C2’s solutions, integrated with renewable energy and real-time monitoring, improve safety, cut emissions, and align with broader smart city initiatives.

COBALT acted as lead counsel to Hansab Group throughout the entire transaction, which included drafting and negotiating transaction documents, and signing and closing of the transaction.
Our team included Partner Jesse Kivisaari, Senior Associate Liina Saaremets, and Junior Associate Ken Saksniit.