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Add-on Acquisition • Machinery

Finnsiirto Acquires Simeri Oy

On March 3, 2020, Finnsiirto acquired machinery company Simeri Oy

Acquisition Context
  • This is Finnsiirto’s 2nd transaction in the Machinery sector.
  • This is Finnsiirto’s 2nd transaction in Finland.

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M&A Deal Summary
Date March 3, 2020
Target Simeri Oy
Sector Machinery
Buyer(s) Finnsiirto
Deal Type Add-on Acquisition

Target Company

Simeri Oy

Vantaa, Finland
Simeri Oy is a family-owned company with a long tradition in the lifting industry. Specializing in industrial maintenance on lifting equipment side. Over 70 people in ten different locations in Finland and Estonia. Simeri Oy operates in Finland, Estonia, Latvia, Lithuania.
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Buyer Overview 1

Buyer

Finnsiirto

Lieto, Finland
Category Company
Founded 1989
Sector Machinery
DESCRIPTION

Finnsiirto is a provider of forklifts and material handling solutions. The company sells and rents self-imported Hyundai and Ausa forklifts, other material handling equipment, and used machines. Finnsiirto was founded in 1989 and is based in Lieto, Finland.

Deal Context for Buyer #
Overall 2 of 2
Sector: Machinery 2 of 2
Type: Add-on Acquisition 2 of 2
Country: Finland 2 of 2
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-03 Suomen Telakone Oy

Humppila, Finland

Suomen Telakone Oy is a well-established expert in the field of earthmoving machinery, has traditionally sold good used earth moving machines with over 30 years of experience.

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