YIT bought Konepaja Alueputkitus Oy.

YIT bought Konepaja Alueputkitus Oy.

Alueputkitus Companies, consisting of Alueputkitus Oy and Konepaja Alueputkitus Oy, was acquired by YIT Group. Alueputkitus Companies offer mainly service, maintenance, installation, and small workshop services for petrochemical industry customers. In 2005 the Companies' consolidated turnover was about 14 M€ and they employed about 130 people. YIT, one of the leading manufacturing companies in Finland, offers technical infrastructure investment and maintenance services for the property and construction sectors, industry and telecommunications. YIT's main market areas are the Nordic and Baltic countries and Russia.

ProMan Oy initiated the transaction and advised the Seller.

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Seller: 
Konepaja Alueputkitus Oy
Industry: 
Industrial products and services
Buyer: 
YIT
Industry: 
Industrial products and services

Alueputkitus Companies, consisting of Alueputkitus Oy and Konepaja Alueputkitus Oy, was acquired by YIT Group. Alueputkitus Companies offer mainly service, maintenance, installation, and small workshop services for petrochemical industry customers. In 2005 the Companies' consolidated turnover was about 14 M€ and they employed about 130 people. YIT, one of the leading manufacturing companies in Finland, offers technical infrastructure investment and maintenance services for the property and construction sectors, industry and telecommunications. YIT's main market areas are the Nordic and Baltic countries and Russia.

ProMan Oy initiated the transaction and advised the Seller.