Intera has acquired building system contracting and renovation services business, Koja Tekniikka Oy and Mansen Putki Oy, from Koja Group
Intera Fund I, advised by Intera Equity Partners, and Intera’s Industrial Advisor Erkki Norvio have acquired the building system contracting and renovation services (HVAC & HPAC, electrical, automation and cooling contract services) business of Koja Group – consisting of Koja Tekniikka Oy and Mansen Putki Oy.
The building renovation market has grown steadily in Finland and the growth is expected to continue in the future. Koja Tekniikka Oy and Mansen Putki Oy have well established track record in executing demanding renovation and new building projects in public, commercial, office as well as residential buildings. The combined revenue of the two companies was approximately 29 million euros in 2007 and the companies employed a total of approximately 130 employees. Intera’s target is to continue development of the business together with the existing management and to particularly focus on growth.
Marko Holopainen, M. Sc. (eng.), will continue as managing director of Koja Tekniikka Oy and Janne Koivula, engineer, will continue as managing director of Mansen Putki Oy. Both will also become shareholders. The change in ownership will not cause changes in the organizations of the companies. Focusing and investing in growth will create new interesting opportunities for the employees in the future.
For more information:
Erkki Norvio, Intera Equity Partners Oy, Industrial Advisor, mobile: +358 400 410 977
Jokke Paananen, Intera Equity Partners Oy, Partner, mobile: +358 50 300 3737
Intera is a Finnish private equity firm that principally focuses on Finnish companies with sales of EUR 10 to 100 million that have not yet reached their full capacity and have the potential to become leading businesses in their fields. Investors in Intera´s first fund, Intera Fund I, include leading Nordic institutional investors. www.interapartners.fi