M&A Deal Summary

Fortum Acquires Ekokem Oyj

On May 27, 2016, Fortum acquired environmental company Ekokem Oyj for 700M EUR

Acquisition Highlights
  • This is Fortum’s 1st transaction in the Environmental sector.
  • This is Fortum’s 0th largest (disclosed) transaction.
  • This is Fortum’s 1st transaction in Finland.

M&A Deal Summary
Date 2016-05-27
Target Ekokem Oyj
Sector Environmental
Buyer(s) Fortum
Deal Type Add-on Acquisition
Deal Value 700M EUR

Target

Ekokem Oyj

Riihimäki, Finland
website
Ekokem Oyj is a waste and environmental management service provider in Finland and Sweden.

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Buyer(S) 1

Buyer

Fortum

Espoo, Finland

website

Category Company
Founded 1998
Sector Utilities
Employees20,036
Revenue 49.0B EUR (2020)
DESCRIPTION

Fortum’s purpose is to create energy that improves life for present and future generations. Catering to the versatile needs of our customers, we generate, distribute and sell electricity and heat, and offer related expert services. Fortum was founded in 1998 and is based in Espoo, Finland.

DEAL STATS #
Overall 3 of 3
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Finland) 1 of 1
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 Info24 AB

Solna, Sweden

Info24 is a Swedish company specialised in the Internet of Things. Info24 started in 2005 and now consists of seven persons, including both founder/owners, in combination with outsourced development resources. The company has been profitable since the start

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-11 Gasnätet Stockholm AB

Stockholm, Sweden

Gasnätet Stockholm AB owns gas transmission network in the Stockholm region and is involved in the development, operation and maintenance of them. Gas network currently consists of about 60 mil for natural gas pipes in Stockholm, Solna and Sundbyberg and a 4 mil long vehicle gas.

Sell -
Mergr

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