Puuilo Oy continues to grow with a new acquisition

Puuilo Oy continues to grow with a new acquisition

Retail department store chain Puuilo Oy has acquired Riihimäen Säästö-Karit Oy's department store in Hämeenlinna. The acquisition implements Puuilo’s new growth strategy introduced in 2011, in which the company seeks to reach a comprehensive network of stores in populous areas of Finland. Along with the new store, Puuilo’s revenues for the accounting period 2012 will top 50 million euros.

Puuilo Oy is established in 1982 and has grown to a mid-sized non-food retail chain. The company has ten stores and a web store which especially offer small hardware and construction related tools.

ProMan advised the Buyer throughout the whole buying process.

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Seller: 
Riihimäen Säästö-Karit Oy's
Industry: 
Retail and consumer products
Buyer: 
Puuilo Oy
Industry: 
Retail and consumer products

Retail department store chain Puuilo Oy has acquired Riihimäen Säästö-Karit Oy's department store in Hämeenlinna. The acquisition implements Puuilo’s new growth strategy introduced in 2011, in which the company seeks to reach a comprehensive network of stores in populous areas of Finland. Along with the new store, Puuilo’s revenues for the accounting period 2012 will top 50 million euros.

Puuilo Oy is established in 1982 and has grown to a mid-sized non-food retail chain. The company has ten stores and a web store which especially offer small hardware and construction related tools.

ProMan advised the Buyer throughout the whole buying process.