M&A Deal Summary

Timeka Acquires Suomen Tekniikkapalvelu

On January 17, 2023, Timeka acquired manufacturer Suomen Tekniikkapalvelu

Acquisition Highlights
  • This is Timeka’s 1st transaction in the Manufacturing sector.
  • This is Timeka’s 1st transaction in Finland.

M&A Deal Summary

Date 2023-01-17
Target Suomen Tekniikkapalvelu
Sector Manufacturing
Buyer(s) Timeka
Deal Type Add-on Acquisition

Target

Suomen Tekniikkapalvelu

Multia, Finland
Suomen Tekniikkapalvelu is a one-stop-shop and niche manufacturer specializing in small-scale production. The company's core customers are global industrial machinery manufacturers, with highly customized parts and component requirements. Suomen Tekniikkapalvelu is based in Multia, Finland.

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Buyer(S) 1

Buyer

Timeka

Mynämäki, Finland

Category Company
Sector Manufacturing
Employees60
Revenue 90M SEK (2022)
DESCRIPTION

Timeka is a niche manufacturing company that is specialized in small-lot production. Timeka's main manufacturing processes include laser cutting, welding, bending, machining, surface treatment, and assembly. Timeka is based in Mynämäki, Finland.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2023 M&A 1 of 1