M&A Deal Summary

Afry Acquires Pöyry

On February 21, 2019, Afry acquired engineering company Pöyry

Acquisition Highlights
  • This is Afry’s 6th transaction in the Engineering sector.
  • This is Afry’s 1st transaction in Finland.

M&A Deal Summary
Date 2019-02-21
Target Pöyry
Sector Engineering
Buyer(s) Afry
Deal Type Merger

Target

Pöyry

Vantaa, Finland
Pöyry is an international consulting and engineering company. Pöyry provides services across the full project lifecycle, solving complex challenges faced by the world’s toughest industries. Pöyry was founded in 1958 and is based in Vantaa, Finland.

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Buyer(S) 1

Buyer

Afry

Stockholm, Sweden
Category Company
Founded 1895
Sector Engineering
Employees18,706
Revenue 27.0B SEK (2023)
DESCRIPTION

Afry is an engineering and design company within the fields of energy, industry, and infrastructure. Afry creates sustainable solutions for the next generation through talented people and technology. Afry was founded in 1895 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 8 of 9
Sector (Engineering) 6 of 6
Type (Merger) 1 of 1
Country (Finland) 1 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Midtconsult A/S

Herning, Denmark

Midtconsult A/S is a multidisciplinary service provider with a strong strategic market position in the real estate development and construction sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-01 Carelin

Seinäjoki, Finland

Carelin provides energy and asset care services which include asset lifecycle management during the asset’s operation phase, as well as site care services, including mandatory and voluntary inspection and audit services across the asset lifecycle. Carelin is based in Seinäjoki, Finland.

Buy -
Mergr

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