SUOMEN YRITYSMYYNTI OY BROKERED AGAIN A SUCCESSFUL COMPANY: LISTED COMPANY BOREO ACQUIRES ETELÄ-SUOMEN KURIIRIPALVELU LTD AND TEITTEAM LTD AND STRENGTHENS LOGISTICS
On April 1, 2021, Boreo Plc signed an agreement according to which it will purchase the entire share capital of Etelä-Suomen Kuriiripalvelu Ltd and Teitteam Ltd (the Companies) from the Managing Director and owner of the Companies, Mika Erkkilä, and the minority shareholder of Teitteam Oy. After the transaction, Mika Erkkilä will continue as CEO of the Companies.
The acquisition strengthens the logistics expertise of the Group, enables the development of our operations in line with the operational efficiency strategy and provides an opportunity to complement the service offering of our other businesses. It is a pleasure to welcome the companies' personnel to our group and I look forward to developing the business together with the personnel, says Kari Nerg, CEO of Boreo Plc.
ESKP is a transportation company established in 2010 that operates in Finland and the Baltic countries and specializes in scheduled distribution and trunk transport. The companies employ 25 people and their operations are located in near Helsinki airport, Tuusula. The companies' combined turnover in 2020 was estimated at approximately EUR 3.9 million and EBITDA at approximately EUR 1.2 million.
FINLANDIA BUSINESS (SUOMEN YRITYSMYYNTI OY) INTO SWEDISH MARKET. SWEDISH EKSTAM & PARTNERS AND FINLANDIA BUSINESS START COOPERATION
Finlandia Business (Suomen Yritysmyynti Oy) has signed a co-operation agreement with the Swedish company Ekstam & Partners, which is one of Sweden's leading expert companies in corporate ownership arrangements and business brokerage. Ekstam & Partners has strong expertise and a network in Sweden, so we can now also offer our customers Swedish companies to buy. Although Sweden is our close neighbor, expanding business there may have been "behind the threshold". We now want to offer our customers a reliable and easy way to expand into Sweden's significant and growing market. Contact us and we will be happy to tell you more about opportunities and properties for sale.