M&A Deal Summary

Umacon Acquires Romuta

On June 3, 2022, Umacon acquired metals/mining company Romuta

Acquisition Highlights
  • This is Umacon’s 1st transaction in the Metals/Mining sector.
  • This is Umacon’s 1st transaction in Finland.

M&A Deal Summary

Date 2022-06-03
Target Romuta
Sector Metals/Mining
Buyer(s) Umacon
Deal Type Add-on Acquisition

Target

Romuta

Liminka, Finland
Romuta is a private metal recycling company specializing in professional procurement of scrap metal with a service concept that stands out from the competition. In addition to purchasing scrap metal, the company offers services that facilitate the selling of scrap metal, such as pick-up, flame-cutting, and drying services, and equipment that facilitate recycling, such as exchange and recycling boxes. Romuta is based in Liminka, Finland.

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Buyer(S) 1

Buyer

Umacon

Myllykoski, Finland

Category Company
Founded 1988
Sector Environmental
DESCRIPTION

Umacon is an industrial machine and equipment dismantling and project hauling that provides Industrial demolition work, project hauling, recycling of metallic demolition material, and trade in used machinery and equipment. Umacon was founded in 1988 and is based in Myllykoski, Finland.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2022 M&A 1 of 1