M&A Deal Summary

Cabonline Acquires Kovanen Yhtiöt Oy

On June 30, 2017, Cabonline acquired transportation company Kovanen Yhtiöt Oy

Acquisition Highlights
  • This is Cabonline’s 2nd transaction in the Transportation sector.
  • This is Cabonline’s 2nd transaction in Finland.

M&A Deal Summary

Date 2017-06-30
Target Kovanen Yhtiöt Oy
Sector Transportation
Buyer(s) Cabonline
Deal Type Add-on Acquisition

Target

Kovanen Yhtiöt Oy

Helsinki, Finland
Kovanen Yhtiöt Oy is a provider of quality taxi services from door to door 24/7 in the Helsinki area. Kovanen Yhtiöt Oy was established in 1978 and is headquartered in Helsinki, Finland.

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Buyer(S) 1

Buyer

Cabonline

Stockholm, Sweden

Category Company
Founded 1986
Sector Transportation
DESCRIPTION

Cabonline the owner of the Nordic taxi brands such as Taxi Kurir, 020, Norges Taxi and Taxi Skane, is a provider of taxi technology, brand affiliation and services to independent transporters. The company provides fare allocation and dispatch services to over 5,000 taxis across Sweden and Norway. Its extensive network offers transporters the highest capacity utilisation and customers the response time and quality offering. Cabonline was founded in 1986 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 2
Sector: Transportation M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Finland M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-30 Mankkaan Taksi Oy

Helsinki, Finland

Mankkaan Taksi Oy is a transportation company that provides taxi services, VIP services. Mankkaan Taksi Oy was established in 2003 and is headquartered in Helsinki, Finland.

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