Boom Finland Oy continues to grow with two new partners

Boom Finland Oy continues to grow with two new partners

Boom Finland Oy’s partner Juha Lundberg sold his part of the company’s share capital (50 %) to investment companies Nutrifen Oy (40%) and Guarneri Oy (10 %) owned by Jari Kotiranta and Petri Saavalainen, respectively. Boom Finland’s founder and largest owner (50 %) Marcus Kärkkäinen continues to work with new his new partners as a member of the board. New owner Jari Kotiranta will actively participate developing Boom Finland as the company’s new CEO. Petri Saavalainen will be acting as Boom Finland’s chairman of the board. During the transaction new owners made a notable working capital investment in order to finance Boom Finland’s growth and development initiatives.

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Seller: 
Boom Finland Oy
Industry: 
Retail and consumer products
Buyer: 
Nutrifen Oy and Guarneri Oy
Industry: 
Retail and consumer products

Boom Finland Oy’s partner Juha Lundberg sold his part of the company’s share capital (50 %) to investment companies Nutrifen Oy (40%) and Guarneri Oy (10 %) owned by Jari Kotiranta and Petri Saavalainen, respectively. Boom Finland’s founder and largest owner (50 %) Marcus Kärkkäinen continues to work with new his new partners as a member of the board. New owner Jari Kotiranta will actively participate developing Boom Finland as the company’s new CEO. Petri Saavalainen will be acting as Boom Finland’s chairman of the board. During the transaction new owners made a notable working capital investment in order to finance Boom Finland’s growth and development initiatives.    

“Boom Finland Oy searched for new and active partner with whom the company is able to implement its development and growth strategy”, commented Marcus Kärkkäinen.

Boom Finland Oy is marketing communications and sales professional. The company’s special know-how consists of complete building and controlling of E-commerce. Boom Finland’s largest customers are Finnair Oyj and VR-Group Oy.

ProMan advised the Seller throughout the whole sales process.