M&A Deal Summary

ITAB Acquires Pikval

On May 1, 2016, ITAB acquired furniture company Pikval from Profita Management Oy

Acquisition Highlights
  • This is ITAB’s 1st transaction in the Furniture sector.
  • This is ITAB’s 1st transaction in Finland.

M&A Deal Summary

Date 2016-05-01
Target Pikval
Sector Furniture
Buyer(s) ITAB
Sellers(s) Profita Management Oy
Deal Type Add-on Acquisition

Target

Pikval

Vaajakoski, Finland
Pikval is an operator of Finnish shop fitting designer and manufacturer with over half a century of experience in creating stylish, durable, and functional shops that actually sell. Pikval was founded in 1950 and is based in Vaajakoski, Finland.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

ITAB

Jonkoping, Sweden

Category Company
Sector Retail
Employees5,400
Revenue 6.6B SEK (2024)
DESCRIPTION

ITAB supplies complete shop fitting concepts and interior solutions to the food and non-food retail markets. ITAB was incorporated in 1987 and is based in Jonkoping, Sweden.


DEAL STATS #
Overall 3 of 3
Sector: Furniture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Finland M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Hansa Kontor Shopfitting Group

Cologne, Germany

Hansa Kontor Shopfitting Group is a provider shopfitting solutions for supermarkets.

Buy -

Seller(S) 1

SELLER

Profita Management Oy

Helsinki, Finland

Category Private Equity Firm
Founded 1990
PE ASSETS 100M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Profita Management is a private equity firm that targets small and medium-sized companies throughout Finland. Profita focuses on companies with growth potential, competitive products or services, and experienced management. The Firm typically invests between €1 and €5 million in companies with valued between €3 to €100 million. Profita does not have any sector preferences and will consider both majority and minority positions. Prospective transaction situation include MBOs, MBIs, and recapitalizations. Profita Management was formed in 1990 and is based in Helsinki with an additional office in Turku.


DEAL STATS #
Overall 20 of 21
Sector: Furniture M&A 3 of 3
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 19 of 20
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-31 Pikval

Vaajakoski, Finland

Pikval is an operator of Finnish shop fitting designer and manufacturer with over half a century of experience in creating stylish, durable, and functional shops that actually sell. Pikval was founded in 1950 and is based in Vaajakoski, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 Narvi

Lappi, Finland

Narvi is a traditional stove manufacturer with the brands Narvi, Aito, and Kota. In addition to stoves, the product portfolio includes a wide range of different sauna and fireplace products, all of which are designed and manufactured in Finland from start to finish. Narvi was founded in 1937 and is based in Lappi, Finland.

Sell -