M&A Deal Summary

Eltel Acquires Celer Oy

On April 4, 2016, Eltel acquired transportation company Celer Oy

Acquisition Highlights
  • This is Eltel’s 2nd transaction in the Transportation sector.
  • This is Eltel’s 1st transaction in Finland.

M&A Deal Summary

Date 2016-04-04
Target Celer Oy
Sector Transportation
Buyer(s) Eltel
Deal Type Add-on Acquisition

Target

Celer Oy

Mikkeli, Finland
Celer Oy is a provider of railway signalling services company.

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Buyer(S) 1

Buyer

Eltel

Bromma, Sweden

Category Company
Founded 2001
Sector Communications
Employees3,956
Revenue 829M EUR (2024)
DESCRIPTION

Eltel is a provider of technical services for the critical infrastructure networks – Infranets – of our society when it comes to power, communication, and transportation. Eltel provides a broad and integrated range of services, spanning from maintenance and upgrade services to project deliveries. Eltel was founded in 2001 and is headquartered in Bromma, Sweden.


DEAL STATS #
Overall 3 of 4
Sector: Transportation M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Finland M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 VETE Signaltjenester AS

Lillestrøm, Norway

VETE Signaltjenester AS provides railway-signalling services. The product offerings are new installations, corrective and preventive maintenance, project management, engineering and advisory services within the railway signalling segment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-22 U-SERV

45894, Germany

U-SERV GmbH is a metering service company.

Buy -