Stora Enso Acquires Finnish Sawmill Company Junnikkala Oy

Renta Group Acquires Pohjanväre (Espoon Nosturikeskus, Espoon Rakennuskonevuokraamo and Lohjan Nosturipalvelu assets)

April 25, 2023

Industrial Services

Renta Group Oy has acquired Espoon Nosturikeskus Oy (Pohjanväre), Espoon Rakennuskonevuokraamo Oy and the operative assets of Lohjan Nosturipalvelu Oy. The acquisition expands Renta's presence in the Helsinki capital region and southern Finland, adding 3 depots, more than 10 employees and approximately EUR 5 million in annual revenue to Renta's rental platform.

Summa Defence Acquires Uudenkaupungin Työvene Oy

November 18, 2024

Aerospace & Defense

Finnish defense and security technology group Summa Defence Ltd has acquired all shares of shipbuilder Uudenkaupungin Työvene Oy via a share exchange. The sellers — Juha Granqvist, Janne Kosomaa and Baltic Workboats AS — become shareholders in Summa Defence; Uudenkaupungin Työvene reported ~EUR 17 million revenue in 2023 and employs about 70 people.

Norvestor Acquires Majority Stake in Pinja Group Oy

November 22, 2021

Software

Norvestor VIII SCSp has signed an agreement to acquire a majority of the shares in Pinja Group Oy, a Finnish industrial software and digitalization services provider headquartered in Jyväskylä. The transaction will make Norvestor the largest shareholder while Pinja's management and key employees retain stakes; the deal is intended to accelerate Pinja's internationalization and M&A-driven growth across the Nordics and Germany and is expected to close around year-end.

NetNordic (Norvestor-backed) Acquires Konehuone

June 3, 2020

IT Services

NetNordic, a Norvestor-backed Nordic system integrator, has acquired Finnish datacenter modernization specialist Konehuone. The transaction strengthens NetNordic's datacenter solutions and expands its presence in Finland; Konehuone has 19 employees and reported ~EUR 12 million in revenue (2019/2020).

Sortera Group Acquires Vaihtolava

November 30, 2020

Environmental Services

Sortera Group has acquired Vaihtolava, a Finnish logistics and construction-materials sorting company, establishing a substantial platform in Finland. Vaihtolava operates two sorting facilities in the Helsinki region, employs ~100 people, generates roughly €18m in annual revenue and sorts over 100,000 tonnes of waste per year; management will remain in place.

HANZA Acquires Leden Group Oy

March 3, 2025

Manufacturing

HANZA AB has completed the acquisition of Finnish contract manufacturer Leden Group Oy for EUR 21 million in cash plus 2.3 million newly issued HANZA shares, with earn-outs of up to EUR 15 million and up to 300,000 shares. The deal adds roughly 600 employees and five production facilities (four in Finland, one in Estonia), strengthening HANZA's sheet metal, machining and complex assembly capabilities and broadening its customer base in energy storage, energy distribution and industrial automation.