News

 

Treston concentrates into its core business and divests Hexaplan Oy

Treston continues to concentrate resources into the core business, manufacturing and sales of industrial furniture and storage systems. Following this, Treston has divested direct marketing company Hexaplan to Lounais‐Suomen Logistiikkamyynti Oy which is owned by Turun Hylly‐ ja Trukkitalo Oy and Rastec Sisälogistiikka Oy.

Attachments: Treston press release 28.8.2013

Citec strengthens position within the oil & gas industry via acquiring M7 Offshore

Citec continues to strengthen its competence and offering within the oil and gas segment via acquiring the Norwegian engineering company M7 Offshore AS.

Attachments: Citec press release 21.8.2013

Finland’s leading ambulance and emergency care services company 9Lives sold to management

Finland’s largest ambulance and emergency care services company 9Lives’ entire share capital has been sold to the company management. The new owners are CEO Markus Ulfstedt and CFO Katariina Matveinen.

Attachments: 9 Lives press release 3.7.2013

Descom combines marketing and IT with a unique acquisition

IT service provider Descom has purchased the online marketing specialist Estime. Estime is one of the oldest and most successful companies in its field in Finland. With the purchase, Descom is seeking growth and improving their services for their customers.

Attachments: Descom press release 17.6.2013

Innofactor and atBusiness to merge – Innofactor nearly doubles its size

Finnish Innofactor Plc has acquired the entire share capital of atBusiness Oy. Integration of atBusiness and Innofactor operations will start immediately and the goal is to implement significant parts of it during the summer 2013. The name of atBusiness Oy will be changed to Innofactor Business Solutions Oy.

Attachments: AtBusiness press release 7.6.2013

Sentica is moving to new office premises

Sentica is moving to new office premises on 2 May. Our Helsinki office's new address is Pohjoisesplanadi 31, 00100 Helsinki. Our Tampere office's new address is Koskikatu 7 A 3, 33100 Tampere.

Frankis Group Oyj successfully places a EUR 30 million three year Nordic High Yield bond

On March 18, 2013 Frankis Group Oyj ("Frankis Group") successfully placed a three year EUR 30 million Senior Unsecured High Yield bond. The bonds, maturing on April 2, 2016, will bear a fixed coupon of 8.0% (paid semi-annually). Listing of the bonds on NASDAQ OMX Stockholm will take place within 1 year after settlement.

Attachments: Frankis Group press release 18.4.2013

Citec acquires oil & gas competence

Citec is strengthening its competence and offering within the oil and gas segment by acquiring the French oil & gas engineering consultancy Akilea Engineering. Akilea designs offshore platforms, oil refineries, pipelines and power plants. The company’s service offering includes engineering, procurement, construction and project management.

Attachments: Citec press release 3.4.2013

Sentica has sold its majority stake in Dewaco

A fund managed by the Finnish private equity investor Sentica Partners has sold its majority holding in Dewaco Oy. The buyer is environment technology company Econet Oy, and Dewaco’s current management will continue as owners with a significant stake.

Attachments: Dewaco press release 19.3.2013

Sentica launches Sentica Buyout IV fund

Sentica Partners (“Sentica”) has held a closing of its Sentica Buyout IV (the “Fund”) at approximately EUR 115 million. Sentica aims to have the Fund’s final closing at around EUR 130 million later this year. Commitments to the Fund have been made by Finnish institutional investors and high-quality European fund of funds.

Attachments: Sentica Buyout press release 7.2.2013

Sentica sold its majority holding in FinnSonic

A fund managed by the Finnish private equity investor Sentica Partners (“Sentica”) has sold its majority holding in the leading Nordic industrial cleaning solutions provider FinnSonic Oy. The buyer is Provesan Oy and the current management will continue as owners with a stake of approximately 20 per cent. Sentica became the main owner of FinnSonic in June 2006.

Attachments: FinnSonic press release 7.2.2013

Darekon strengthens its competitive edge by acquiring Apelec Oy

Medical equipment contract manufacturer Darekon Oy expands its operations by acquiring all shares of Apelec Oy. With this acquisition Darekon fortifies its electronics design services and increases the customer base. This compliments Darekon Group’s service portfolio as industrial contract manufacturer of medical devices.

Attachments: Darekon press release 17.1.2013