News

 

VMP Plc becomes listed on the Helsinki Stock Exchange’s First North Finland market place

VMP Plc ("VMP" or the "Company") has completed its Initial Public Offering (the "Offering" or “IPO”) and becomes listed on the First North Finland market place maintained by Nasdaq Helsinki Ltd. ("First North"). Trading in the Company’s shares started on June 19 2018. The final offer price of the shares (the “Final Offer Price”) in the Offering is EUR 5.00 per Offer Share (as defined below), corresponding to a market capitalization of approximately EUR 69.5 million following the Offering (approximately EUR 74.0 million assuming full exercise of the over-allotment option).

Attachments: Press release VMP June 19 2018

Administer acquires Silta and becomes Finland’s largest payroll company

Electronic financial management specialist Administer acquires Sentica’s portfolio company Silta from funds managed by Sentica and management. The acquisition will make Administer Finland’s largest payroll company.

Attachments: Press release Silta June 5 2018

Purkupiha Group grows by acquiring the business of SK-Purku

Purkupiha Group, which specializes in heavy and special demolition as well as recycling and re-use of building materials, grows by acquiring the business of SK-Purku Oy. With the acquisition, the Group strengthens its heavy demolition business particularly in Eastern Finland. Santeri Karell, the owner and founder of SK-Purku, remains in a key operating role and becomes an owner in the Group.

Attachments: Press release Purkupiha Group 9 May 2018

New partners to support SuperPark’s international growth

SuperPark and Sentica have on April 23, 2018 agreed on a transaction in which funds managed by Sentica and Tesi become owners of SuperPark. The transaction supports SuperPark’s international growth, which was successfully started in 2017. SuperPark’s founders remain as owners of the company also after the transaction.

Attachments: Press release SuperPark 24 April 2018

Purkupiha and Dammega form a full-service group in the demolition and recycling industry

A fund managed by the Finnish private equity company Sentica becomes majority owner of Purkupiha and Dammega in order to support the companies’ growth. The owners of both companies retain a significant stake and continue as operative leaders in the new group.

Attachments: Press release Purkupiha and Dammega 9 January 2018