Telefuusio continues operations under Instalco
Helsinki-based electrical installation company Telefuusio has been acquired by Swedish installation group Instalco.
Skaala joins the International Window Network
Finland’s second-largest window and door manufacturer, family-held Skaala Group, has sold 80 per cent of its shares to the Austrian-based International Window Network (IFN Group) consortium.
Paroc deal reached at EUR 900 million
Finland-based Paroc Group is set to be acquired by Fortune 500 company Owens Corning, from its current owner CVC Capital Partners, for an enterprise value of approximately 900 million euros.
Teleste takes over German iqu Systems
Through the acquisition, Teleste strengthens its offering of passenger information solutions for the public transport industry.
Wärtsilä makes acquisition and upgrades project
Finnish technology group Wärtsilä has agreed to acquire Sweden-based Puregas Solutions. Wärtsilä is also co-operating with its subsidiary American Hydro to increase the efficiency and production capacity of a pump-generating plant in the US.
Intermarketing finds a new owner in Sweden
Swedish Loomis has acquired Finnish Intermarketing, a company providing cash recycling solutions to customers in the bank and retail sector.
Finnish Deveo snapped up by US company Perforce
Finnish repository management platform Deveo has been bought up by US-based Perforce, and will be added to Perforce’s product portfolio under the new name Helix TeamHub.
OptoFidelity acquired by Chinese CYG
Finnish supplier for the smart device testing industry OptoFidelity has been purchased in full by Chinese high-tech enterprise Changyuan Group (CYG). Operations are set to continue as usual for the Finnish company.
CGI to acquire Affecto
IT and business process services firm CGI has made an all cash offer of 98 million euros for Helsinki-based Affecto.
Humana acquires Finnish Nordic Senior Services
Nordic Senior Services is now part of Humana’s Finnish subsidiary, in a move that strengthens the Swedish company’s position in Finland and enables it to expand to new care segments.