Building technology group QMG increases expertise in electrical, automation, HVAC and refrigeration technology through its acquisition of Mesiel.
QMG’s strategy is to grow both through acquisitions and organically. The company is now strengthened by Mesiel, known as an expert in electrical and automation solutions for large industry and public sector properties in the Kokkola and Pietarsaari area. The company’s turnover was around 4.2 million euros in 2021 and it has 32 employees.
QMG already includes Kokkola LVIS-Palvelu and ORS Service in Pietarsaari, Tammi Kiinteistötekniikka in Vaasa and security technology company Capcon’s Kokkola and Seinäjoki units in the region. Together with Mesiel, they form a very strong group serving the area’s industry, property owners and developers. In total, they employ about a hundred building technology professionals, says Heikki Kiiskilä, QMG’s regional manager for Northern Finland.
“As a result of the acquisition, we are making arrangements to sharpen our services significantly. Kokkola LVIS-Palvelu focuses on the development of HVAC and refrigeration services, and its electricity business will be merged with Mesiel. Both companies will continue under their own names”, Kiiskilä continues.
The acquisition has no impact on personnel, customers, or partners. Mesiel’s personnel will continue as old employees after the sale, as will the six electricians who will transfer from Kokkola LVIS-Palvelu. Mesiel’s entrepreneurs Timo Mäkelä and Juha Puumala will continue in their positions.
Mesiel Kiinteistöt Oy and Mesiel Sähkösaatot Oy are not included in the arrangement.
“We thought about taking a growth step for a couple of years and came to the conclusion that QMG’s model emphasizing locality and entrepreneurship is the best for us. It means continuity and development opportunities towards bigger projects when you have the resources of a large group and sister companies side by side”, said Timo Mäkelä and Juha Puumala.
“At Mesiel, we focus on industrial projects and clients as well as public sector properties. During the summer, we will implement the merger of Kokkola’s LVIS-Palvelu’s electrical business with Mesiel, and Kokkola’s LVIS-Palvelu will move to Kokkola’s Terminalikatu to connect with Mesiel, so synergy is also created when the exchange of ideas is daily”, Mäkelä and Puumala say.
In 2021, QMG formed the Nordic Nimlas building engineering group with the Swedish company Sandbäckens. The group already has more than 200 Finnish and Swedish personnel owners. Timo Mäkelä and Juha Puumala will join Nimlas Group as shareholders after the transaction.
Mergero acted as the sell-side advisor on the transaction.