Add-on Acquisition • Consumer Products

OptiGroup Acquires Siisti-Piste Oy

On December 18, 2012, OptiGroup acquired consumer products company Siisti-Piste Oy

Acquisition Context
  • This is OptiGroup’s 1st transaction in the Consumer Products sector.
  • This is OptiGroup’s 1st transaction in Finland.

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M&A Deal Summary

Date December 18, 2012
Target Siisti-Piste Oy
Sector Consumer Products
Buyer(s) OptiGroup
Deal Type Add-on Acquisition

Target Company

Siisti-Piste Oy

Turku, Finland
Siisti-Piste Oy is a full service wholesaler within professional cleaning and hygiene products. The company, which is serving the public sector cleaning and companies with both direct deliveries and a cash & carry.
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Buyer Overview 1

Buyer

OptiGroup

Molndal, Sweden

Category Company
Founded 1936
Sector Distribution
Employees1,588
Revenue 1.0B EUR (2019)
DESCRIPTION

OptiGroup is a distribution group offering customised supply solutions to B2B customers. OptiGroup companies specialise in providing customers, primarily within cleaning & facility management, hotel & restaurant, healthcare, manufacturing industries and the graphical sector, with products and services that streamline operations and promote a more successful business. OptiGroup was founded in 1936 and is based in Molndal, Sweden.


Deal Context for Buyer #
Overall 6 of 26
Sector: Consumer Products 1 of 2
Type: Add-on Acquisition 6 of 24
Country: Finland 1 of 5
Year: 2012 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-13 Arto Emballasje AS

Oslo, Norway

Arto Emballasje AS engages in wholesale of industrial supplies, packaging, and paper. The company was founded in 1982 and is based in Oslo, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-06 Papyrus Kuvert & Co. KG

Ettlingen, Germany

Papyrus Kuvert GmbH & Co. KG engages in manufacturing of envelopes, Papyrus Kuvert, with a net sale of approximately EUR 19 million, produced more than 1 billion envelopes last year.

Sell -