M&A Deal Summary

Tesi Acquires Pesmel

On May 12, 2008, sovereign wealth fund Tesi acquired machinery company Pesmel

Acquisition Highlights
  • This is Tesi’s 3rd transaction in the Machinery sector.
  • This is Tesi’s 17th transaction in Finland.

M&A Deal Summary

Date 2008-05-12
Target Pesmel
Sector Machinery
Buyer(s) Tesi
Deal Type Recapitalization

Target

Pesmel

Kauhajoki, Finland
Pesmel is a provider of automated materials handling, loading, and packing systems. Pesmel was formed in 1978 and is based in Kauhajoki, Finland.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

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 19 of 75
Sector: Machinery M&A 3 of 6
Type: Recapitalization M&A Deals 1 of 1
Country: Finland M&A 17 of 67
Year: 2008 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-21 Scandinavian Minerals

Toronto, Ontario, Canada

Scandinavian Minerals Ltd. is a provider of mining and metal.

Sell CA$281M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-03 Ekahau

Reston, Vermont, United States

Ekahau is a provider of Wi-Fi-based RTLS (Real Time Location System) and Wi-Fi network optimization planning solutions. With innovative products and patented technologies, Ekahau delivers superior solutions for organizations seeking further business intelligence while improving operational efficiency to become more successful in their endeavors. Ekahau was founded in 2000 and is based in Reston, Vermont.

Buy -