M&A Deal Summary

Finncont Group Acquires Fuelk

On January 25, 2024, Finncont Group acquired transportation company Fuelk

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

M&A Deal Summary

Date 2024-01-25
Target Fuelk
Sector Transportation
Buyer(s) Finncont Group
Deal Type Add-on Acquisition

Target

Fuelk

Kuopio, Finland
Fuelk focuses on streamlining fuel supply from product to fuel logistics. Fuel As a Service is a nationwide fuel service that allows fuel to be ordered 24/7 throughout Finland. Fuelk was founded in 2014 and is based in Kuopio, Finland.

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Buyer(S) 1

Buyer

Finncont Group

Virrat, Finland

Category Company
Founded 1974
Sector Environmental
Employees170
Revenue 37M EUR (2023)
DESCRIPTION

Finncont Group provides smart solutions for environmental and waste management, industry, property management companies, municipalities, and agriculture. Finncont also offers contract manufacturing solutions and tailored R/D services through Finncont Design Studio. Finncont Group was founded in 1974 and is based in Virrat, Finland.


DEAL STATS #
Overall 2 of 2
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Finland M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-03 Flaaming

Lahti, Finland

Flaaming is a company focused on the sale and marketing of waste and environmental management products. Its selections include garbage trucks, trash cans, pallets, presses and property maintenance products. Flaaming was founded in 1982 and is based in Lahti, Finland.

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