M&A Deal Summary

Karnell Acquires Sahko-Jokinen

On January 10, 2024, private equity firm Karnell acquired electrical equipment company Sahko-Jokinen

Acquisition Highlights
  • This is Karnell’s 1st transaction in the Electrical Equipment sector.
  • This is Karnell’s 6th transaction in Finland.

M&A Deal Summary
Date 2024-01-10
Target Sahko-Jokinen
Sector Electrical Equipment
Buyer(s) Karnell
Deal Type Buyout (LBO, MBO, MBI)

Target

Sahko-Jokinen

Noormarkku, Finland
Sahko-Jokinen is an outdoor lighting product specialist that offers lighting poles and bases that are primarily used along the road, street, and rail networks as well as within commercial and public outdoor areas. Sahko-Jokinen was formed in 1968 and is based in Noormarkku, Finland.

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Buyer(S) 1

Buyer

Karnell

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2008
Size Small
Type Sector Agnostic
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 17 of 20
Sector (Electrical Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 14 of 17
Country (Finland) 6 of 6
Year (2024) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-21 Plalite

Sittingbourne, United Kingdom

Plalite specializes in machining of complex components for customers in aerospace, high-performance sports cars and motorsports. They have accumulated a wealth of technical know-how and cater to customers requiring high quality and delivery reliability. Plalite is based in Sittingbourne, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-31 Ojop

Eskilstuna, Sweden

Ojop produces toggle latches, trailer latches, and battery connectors. The company offers around 300 different eccentric locks under four brand names, serving OEMs and end-users in Sweden and internationally. Ojop was formed in 1922 and is based in Eskilstuna, Sweden.

Buy -
Mergr

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