Silvasti becomes the biggest in the north
Finnish Transport Company Ville Silvasti has acquired Danish Frank Nørager & Co, a family-owned business specialising in wind power logistics.
Finn-Jiit acquired by Swedish Addtech
Finnish industry supplier Finn-Jiit will be joining Addtech Components, a business area of Addtech Group, after the former bought all outstanding shares in the Finnish company.
KONE steps up in Asia
Finnish lift and escalator giant KONE has acquired Hong Kong-based Shan On Engineering Company Limited to boost its position in Asia.
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.