Silvasti becomes the biggest in the north

December 14, 2017

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

December 14, 2017

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

December 11, 2017

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

November 20, 2017

Helsinki-based electrical installation company Telefuusio has been acquired by Swedish installation group Instalco.

Skaala joins the International Window Network

November 2, 2017

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

October 31, 2017

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

October 30, 2017

Through the acquisition, Teleste strengthens its offering of passenger information solutions for the public transport industry.

Wärtsilä makes acquisition and upgrades project

October 5, 2017

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

September 29, 2017

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

September 15, 2017

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

August 31, 2017

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.