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M&A Deal Summary

Teleste Acquires Mitron Group Oy

On January 7, 2015, Teleste acquired electrical equipment company Mitron Group Oy from Tesi

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

M&A Deal Summary
Date 2015-01-07
Target Mitron Group Oy
Sector Electrical Equipment
Buyer(s) Teleste
Sellers(s) Tesi
Deal Type Add-on Acquisition

Target

Mitron Group Oy

Forssa, Finland
Mitron Group Oy Ltd. is a provider of display solutions for city traffic, railway transportation and at metro stations. The company provides IP based on-board systems for trains, trams and metros.

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Buyer(S) 1

Buyer

Teleste

Littoinen, Finland
Category Company
Founded 1954
Sector Information Technology
Employees652
Revenue 133M EUR (2024)
DESCRIPTION

Teleste is an international technology company that develops and offers video and broadband technologies and related services. The company core business is video - image and data processing, transfer and management. Teleste was founded in 1954 and is based in Littoinen, 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: 2015 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 12 of 33
Sector: Electrical Equipment M&A 3 of 6
Type: Add-on Acquisition M&A Deals 10 of 19
Country: Finland M&A 11 of 30
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-24 NewIcon

Kuopio, Finland

NewIcon is a health technology company that develops, manufactures and sells innovative automation products and services for handling medicines and laboratory equipment. NewIcon was founded in 2007 and is based in Kuopio, Finland.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-05 Kotkamills Oy

Kotka, Finland

Kotkamills Oy is a manufacturer of quality specialty papers and wood-based products for the laminate, plywood, construction and magazine industries around the world. Kotkamills Oy was established in 1872 and is based in Kotka, Finland.

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