M&A Deal Summary

Louhinta-Käänta Acquires Ab R. & S. Sundvik Oy - Excavation Business

On June 2, 2021, Louhinta-Käänta acquired machinery company Ab R. & S. Sundvik Oy - Excavation Business from Sundvik

Acquisition Highlights
  • This is Louhinta-Käänta’s 1st transaction in the Machinery sector.
  • This is Louhinta-Käänta’s 1st transaction in Finland.

M&A Deal Summary

Date 2021-06-02
Target Ab R. & S. Sundvik Oy - Excavation Business
Sector Machinery
Buyer(s) Louhinta-Käänta
Sellers(s) Sundvik
Deal Type Divestiture

Target

Ab R. & S. Sundvik Oy - Excavation Business

Sundby, Finland
Ab R. & S. Sundvik’s excavation business specializing in mining and excavation. Ab R. & S. Sundvik’s excavation business is based in Sundby, Finland.

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Buyer(S) 1

Buyer

Louhinta-Käänta

Alavieska, Finland

Category Company
Founded 2008
Sector Metals/Mining
DESCRIPTION

Louhinta-Käänta is a Finnish mining and excavation contractor. Louhinta-Käänta also provides other excavation work, detachment of crushed fields, crushing stones and chippings deliveries professionally, and following the agreed schedule. Louhinta-Käänta was founded in 2008 and is based in Alavieska, Finland.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Sundvik

Sundby, Finland

Category Company
Founded 1981
Sector Business Services
Employees36
Revenue 9M EUR (2020)
DESCRIPTION

Sundvik is a family company specializing in crushing and aggregate production. Sundvik's three crushing plants operate mainly in Ostrobothnia and Southern Ostrobothnia. Sundvik was founded in 1981 and is based in Sundby, Finland.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2021 M&A 1 of 1