M&A Deal Summary

Ahlstrom Capital Acquires Destia

On May 26, 2014, family office Ahlstrom Capital acquired construction company Destia for 148M EUR

Acquisition Highlights
  • This is Ahlstrom Capital’s 1st transaction in the Construction sector.
  • This is Ahlstrom Capital’s 0th largest (disclosed) transaction.
  • This is Ahlstrom Capital’s 7th transaction in Finland.
Investment Fate
  • Destia was sold to a publicly-traded strategic buyer in 2021.

M&A Deal Summary

Date 2014-05-26
Target Destia
Sector Construction
Buyer(s) Ahlstrom Capital
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 148M EUR

Target

Destia

Vantaa, Finland
website
Destia is an infrastructure and construction service company that implements tomorrow's infrastructure for customers, society, and people. The company creates a sustainable foundation for urban innovation and smart infrastructure solutions that enable the movement of people, goods, services, and energy as a natural part of northern life. The unique infra consciousness of 1,700 Destians makes tomorrow's infra true. Its services cover the entire infrastructure lifecycle from design to implementation and maintenance. Destia was formed in 2008 and is based in

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Buyer(S) 1

Buyer
DESCRIPTION
Ahlstrom's main office in downtown Helsinki.
Ahlstrom's main office in downtown Helsinki.

Ahlström Capital is a family-owned, Nordic private equity firm that looks to invest in middle-market industrial companies as well as real estate. Within its industrial practice, Ahlstrom targets companies generating €100 to €500 million of annual revenue. Specific areas of interest include businesses providing innovative and advanced fiber-based materials, as well as industrial technology and related services. Within real estate, the Firm looks to acquire buildings and forest land. Ahlstrom Capital was formed in 2001 and is based in Helsinki, Finland.


DEAL STATS #
Overall 17 of 22
Sector (Construction) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 15 of 15
Country (Finland) 7 of 11
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-06 Elbi

Istanbul, Turkey

Elbi designs and manufactures electrical wiring accessory products for the Turkish market, and exports to Eastern Europe with its own local sales organization. Elbi was formed in 1987 and is based in Istanbul, Turkey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-07 Suominen

Helsinki, Finland

Suominen is a diversified manufacturing company. Suominen is active in textiles, nonwovens and plastics. Suominen was founded in 1767 and is based in Helsinki, Finland.

Buy -