Consti Yhtiöt acquires Rakennus-Lundén and enters Turku region

Consti Yhtiöt, one of the leading comprehensive building renovation companies in Finland, acquires Rakennus-Lundén Oy. After the transaction Consti Yhtiöt’s annual pro forma turnover exceeds EUR 120 million and the number of employees exceeds 500.

Rakennus-Lundén Oy is a well-known construction company in the Turku region in southwestern Finland. The company has a strong reputation for large renovation projects. Lunden’s recent projects in central Turku include the Kop-Kolmio property and Turun Sanomat headquarters. In 2009 Lunden’s turnover was ca. EUR 9 million and the company has 25 employees.

Janne Lundén will continue as the CEO of Rakennus-Lundén and he will also become an owner of Consti Yhtiöt. He is confident about the new opportunities Consti’s more versatile offering brings to his clients. “We believe Consti’s concept supports both our business and family company values. We share the group’s growth and development vision,” he concludes.

Consti’s CEO Antti Korkeela is pleased to announce the acquisition. With Rakennus-Lundén, Consti Yhtiöt gets a strong foothold in the important Turku region. “This further strengthens our network in major Finnish economic centers. All our companies have the same goal – to offer comprehensive renovation projects from large to small,” he emphasizes.

For additional information:

Erkki Norvio, Consti Yhtiöt, Chairman, phone: +358 400 410 977
Janne Näränen, Intera Equity Partners, phone: +358 50 566 4869