M&A Deal Summary

Karnell Acquires KL Mechanics

On October 13, 2021, private equity firm Karnell acquired manufacturer KL Mechanics

Acquisition Highlights
  • This is Karnell’s 3rd transaction in the Manufacturing sector.
  • This is Karnell’s 3rd transaction in Finland.

M&A Deal Summary

Date 2021-10-13
Target KL Mechanics
Sector Manufacturing
Buyer(s) Karnell
Deal Type Buyout (LBO, MBO, MBI)

Target

KL Mechanics

Oulu, Finland
KL Mechanics is a precision manufacturer with a focus on fine mechanics, machining of metal parts, injection molding and assembly for many high-tech and demanding customers in a number of industries. KL Mechanics is based in Oulu, Finland.

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Buyer(S) 1

DESCRIPTION

Karnell is a private equity group focused on acquiring majority positions in Nordic based industrial and technology companies. The Firm is an active owner and prefers businesses with their own manufacturing, development and sales capabilities. Karnell was formed in 2008 and has offices in Stockholm and Helsinki.


DEAL STATS #
Overall 11 of 22
Sector: Manufacturing M&A 3 of 9
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 19
Country: Finland M&A 3 of 7
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 Silva

Bromma, Sweden

Silva is a manufacturer of compasses and equipment in the outdoor segment. The SILVA brand is currently marketed to the Nordic region, Europe, Asia, and North America. Silva was founded in 1933 and is based in Bromma, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 Rotomon

Kangasniemi, Finland

Rotomon is a manufacturer of rainwater-, culvert-, drainage- and cable protection pipes and wastewater treatment systems with their own products and brand. Customers range from national and regional hardware chain stores in Finland to direct sales to construction and excavation companies. Rotomon is based in Kangasniemi, Finland.

Buy -