M&A Deal Summary

Savcor Tempo Oy Acquires Intune Circuits Oy

On October 31, 2010, Savcor Tempo Oy acquired electrical equipment company Intune Circuits Oy from Tesi

Acquisition Highlights
  • This is Savcor Tempo Oy’s 1st transaction in the Electrical Equipment sector.
  • This is Savcor Tempo Oy’s 1st transaction in Finland.

M&A Deal Summary

Date 2010-10-31
Target Intune Circuits Oy
Sector Electrical Equipment
Buyer(s) Savcor Tempo Oy
Sellers(s) Tesi
Deal Type Add-on Acquisition

Target

Intune Circuits Oy

Vantaa, Finland
Intune Circuits Oy is a provider of high-quality RFID antennas.

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Buyer(S) 1

Buyer

Savcor Tempo Oy

Mikkeli, Finland

Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

Savcor Tempo Oy is a provider of IT services in Finland.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2010 M&A 1 of 1

Seller(S) 1

SELLER

Tesi

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1995
PE ASSETS 2.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Tesi is a Finnish venture capital and private equity firm specializing in fund and direct investments. Tesi specifically targets minority investments in early, growth stage, and established businesses. Areas of interest include industrial, mining, software, business and consumer services, healthcare, life science, cleantech, and marine. Tesi was established in 1995 and it is based in Helsinki.


DEAL STATS #
Overall 6 of 33
Sector: Electrical Equipment M&A 1 of 6
Type: Add-on Acquisition M&A Deals 5 of 19
Country: Finland M&A 5 of 30
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-11 Farmos Oy

Turku, Finland

Farmos Oy is a provider of comprehensive range of solutions for cleanliness and hygiene for the professional market, with a strong presence in the Nordic region, Russia and the Baltics. The Company focuses on five types of clients; industrial, institutional, healthcare, retail and contract manufacturing.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-05 Valmet Automotive

Uusikaupunki, Finland

Valmet Automotive is a provider of automotive engineering, vehicle manufacturing, convertible roof systems, and related business services. Valmet Automotive was formed in 1968 and is based in Uusikaupunki, Finland.

Buy -