Amixo Oy’s and Hanatuote Oy’s businesses have been acquired by Vexve Oy’s subsidiary Automix Oy.

Amixo Oy’s and Hanatuote Oy’s businesses have been acquired by Vexve Oy’s subsidiary Automix Oy.

Amixo Oy, a manufacturer of heating control devices for family houses, and Hanatuote Oy, a manufacturer of heating valves, have been acquired as an asset transaction by Automix Oy. Automix is a recently founded subsidiary of Vexve Oy. The total annual turnover of Amixo and Hanatuote is about 5 millions EUR, of which exports represent about 80 %. The most important business area of Vexve is valve manufacturing for district heating and cooling systems. With this transaction Vexve expands its product portfolio.

ProMan advised the Sellers throughout the whole sales process.

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Seller: 
Hanatuote Oy
Industry: 
Industrial products and services
Buyer: 
Vexve Oy
Industry: 
Industrial products and services

Amixo Oy, a manufacturer of heating control devices for family houses, and Hanatuote Oy, a manufacturer of heating valves, have been acquired as an asset transaction by Automix Oy. Automix is a recently founded subsidiary of Vexve Oy. The total annual turnover of Amixo and Hanatuote is about 5 millions EUR, of which exports represent about 80 %. The most important business area of Vexve is valve manufacturing for district heating and cooling systems. With this transaction Vexve expands its product portfolio.

ProMan advised the Sellers throughout the whole sales process.