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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-01-01 Marioff - Technical communication operations
Safety/Security
Vantaa, Finland

Marioff's Technical communication operations design and develop water mist systems that improve fire safety on land and at sea. Marioff's Technical communication operations are based in Vantaa, Finland.

Divestiture

Etteplan
Company
Engineering
Espoo, Finland
www.etteplan.com

Marioff Corporation Oy
Company
Manufacturing
Vantaa, Finland
www.marioff.com

Deal Article Deal Link  
2024-11-18 Solteq - Healthcare Software Solutions
Software
Vantaa, Finland

Solteq's Healthcare Software Solutions provides healthcare software solutions.

Revenue (mlns) 2 EUR
Divestiture
Value

$5

2.2x Revenue

Confirma Software
Company
Software
Solna, Sweden
www.confirmasoftware.com

Solteq
Company
Software
Vantaa, Finland
www.solteq.com

Deal Article Deal Link  
2024-11-14 MacGregor
Marine
Helsinki, Finland
www.macgregor.com

MacGregor provides marine cargo flow engineering solutions and services for ship-owners, shipyards and ship operators. Products include hatch covers, cranes, RoRo equipment, shipboard elevators and escalators, galleys, cargo securing systems and refrigerated cargo handling systems. MacGregor is based in Helsinki, Finland.

Divestiture

Triton Partners
Investor
Private Equity Firm
Frankfurt, Germany
www.triton-partners.com

Cargotec
Company
Machinery
Helsinki, Finland
www.cargotec.com

Advisor: Nordea Investment Banking

Deal Article Deal Link  
2024-08-14 Helkama Bica
Electrical Equipment
Hanko, Finland
www.helmacab.com

Helkama Bica is a finnish company developing and producing high-quality specialty cables for marine, telecom and industrial applications. The company’s offering includes among other power, fiber optic and different hybrid cables. Helkama Bica was founded in 1905 and is based in Hanko, Finland.

Divestiture

Accent Equity
Investor
Private Equity Firm
Stockholm, Sweden
www.accentequity.se

Helkama Emotor
Company
Distribution
Espoo, Finland
www.helkamaemotor.fi

Deal Article Deal Link  
2024-01-18 Netwheels
Internet Software and Services
Vantaa, Finland
www.netwheels.fi

Netwheels provides software as a service (SaaS) to the automotive industry. The company's services enable car retailers to digitalise their trade-in cars exchange, making distribution to sales channels easier and inventory management more efficient. Netwheels was founded in 2000 and is based in Vantaa, Finland.

Divestiture

Alma Media
Company
Media
Helsinki, Finland
www.almamedia.fi

Sanoma Group
Company
Distribution
Helsinki, Finland
www.sanoma.com

Deal Article Deal Link  
2023-12-20 Nokia - Device Management and Service Management Platform businesses
Communications
Finland

Nokia’s Device Management software capabilities help communication service providers remotely manage home broadband access devices, as well as IoT sensors and devices from a variety of different vendors; while the Nokia’s Service Management Platform improves customer care service, with coverage spanning more than 150 deployments worldwide and more than 1 billion devices under management.

Divestiture

Lumine Group
Company
Communications
Mississauga, Ontario
www.luminegroup.com

Nokia
Company
Communications
Espoo, Finland
www.nokia.com

Deal Article Deal Link  
2023-11-10 Edzcom
Communications
Espoo, Finland
www.edzcom.com

Edzcom designs builds, and operates private wireless networks for industrial clients, mainly in manufacturing, ports, oil and gas, energy generation and mining. Edzcom was founded in 2014 and is based in Espoo, Finland.

Advisors: Bird & Bird , PwC Corporate Finance
Divestiture

Boldyn
Company
Communications
London, United Kingdom
www.boldyn.com

Advisor: DLA Piper

Cellnex Telecom
Company
Communications
Madrid, Spain
www.cellnextelecom.com

Advisors: Bird & Bird , PwC Corporate Finance

Deal Article Deal Link  
2023-07-08 Redo
Business Services
Vantaa, Finland
www.redo.fi

Redo is a provider of first response and building remediation services, with an end-to-end service offering and nation-wide geographical footprint. Redo provides the full value chain of services for inspection, demolition, drying and reconstruction during water and fire damages, odour and moisture. Redo is based in Vantaa, Finland.

Divestiture

mutares AG
Investor
Private Equity Firm
Munich, Germany
www.mutares.de

Recover Group
Company
Environmental
Oslo, Norway
www.recovergroup.com

Deal Article Deal Link  
2023-05-08 Kemira - Colorants & Dye Business
Chemicals
Helsinki, Finland

Kemira Colorants & Dye Business provides basic and direct dyes, organic pigments, and special colorants which are used in numerous paper and packaging applications such as tissue, cardboard, newspaper and high-end packaging solutions for jewelry, cosmetics, and food stuffs.

Divestiture

ChromaScape
Company
Chemicals
Independence, Ohio
www.chromascape.com

Kemira
Company
Chemicals
Helsinki, Finland
www.kemira.com

Deal Article Deal Link  
2023-04-17 Solteq's ERP Business
Business Services
Vantaa, Finland

Solteq's ERP Business serves clients based on Microsoft Dynamics 365 Business Central and LS Retail solutions.

Divestiture

Azets
Company
Business Services
Helsinki, Finland
www.azets.fi

Solteq
Company
Software
Vantaa, Finland
www.solteq.com

Deal Article Deal Link  
2022-12-22 K1 Katsastajat
Business Services
Raisio, Finland
www.k1katsastus.fi

K1 Katsastajat offer inspection services, check the oils add windshield washer fluid and clean the fuel line. K1 Katsastajat is based in Raisio, Finland.

Divestiture

A-Katsastus Oy
Company
Business Services
Vantaai, Finland
www.a-katsastus.fi

Applus+
Company
Business Services
Madrid, Spain
www.applus.com

Deal Article Deal Link  
2022-11-10 Reka Cables
Manufacturing
Hyvinkaa, Finland
www.rekacables.com

Reka Cables is a manufacturer of low and medium voltages cables for the Usages and Distribution applications. Reka Cables was founded in 1961 and is based in Hyvinkaa, Finland.

Divestiture
Value

$60

Nexans
Company
Manufacturing
Paris, France
www.nexans.com

Reka Industrial
Company
Manufacturing
Hyvinkaa, Finland
www.rekaindustrial.fi

Deal Article Deal Link  
2022-10-27 TM Voima - Substation & Transmission Line Business
Energy Services and Equipment
Vantaa, Finland

TM Voima's Substation & Transmission Line Business is a provider in the design and construction of 110-400 kV main grid electricity substations in Finland and Estonia.

Divestiture

Caverion
Company
Business Services
Helsinki, Finland
www.caverion.com

TM Voima
Company
Renewable Energy
Vantaa, Finland
www.tmvoima.fi

Deal Article Deal Link  
2022-09-07 Malkit
E-Commerce
Helsinki, Finland
www.malkit.fi

Malkit is a facility management products and facility security services company that provides its customers with a complete range of facility management and maintenance products as well as facility security services. Malkit was formed in 2003 and is based in Helsinki, Finland.

Divestiture

Ahlsell
Company
Distribution
Stockholm, Sweden
www.ahlsell.com

Kubera Oy
Company
Real Estate
Helsinki, Finland

Deal Article Deal Link  
2022-07-11 3 Step IT Group Oy - Front End Services
Information Technology
Helsinki, Finland

3 Step IT Group Oy - Front End Services comprises warehouse management, configuration, installation, delivery, and ordering.

Divestiture

Advania
Company
Software
Stockholm, Sweden
www.advania.com

3stepIT
Company
Information Technology
Helsinki, Finland
www.3stepit.com

Deal Article Deal Link  
2022-07-01 Vulganus
Manufacturing
Nastola, Finland
www.vulganus.com

Vulganus manufactures and maintains refrigeration and freezing solutions for the food industry through its spiral products. Vulganus was formed in 1977 and is based in Nastola, Finland.

Divestiture

Konig
Company
Machinery
Graz, Austria
www.koenig-rex.com

Leipurin
Company
Food
Vantaa, Finland
www.leipurin.com

Deal Article Deal Link  
Avg $492
90.3x EBITDA
3.0x REVENUE

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