MittausGroup Holding Oy is a company founded by the owners of Pirkanmaan Mittauspalvelu Oy, Koillis Mittaus Oy and JT -ittaus Oy, as well as Oy Wedeco Ab. The acquisition is a continuation of the close cooperation between the companies in recent years. The combined turnover of the companies is over 6 M € and the number of employees is about 60. The companies offer measurement and consulting services in the construction industry nationwide.
The private equity company Oy Wedeco Ab will join as a minority owner. Wedeco’s CEO Thomas Lempiälä sees many benefits from the merger, as three strong players in the measurement industry combine their resources and expertise.
According to Tuomo Tiuraniemi, CEO of Pirkanmaan Mittauspalvelu Oy, the acquisition strengthens the competitiveness of companies and provides an opportunity to offer customers an even wider range of services. Good competitiveness and the extensive competence of the personnel create a good basis for profitable organic growth, which we are ready to accelerate through acquisitions if necessary.
According to Tiuraniemi, the goal is to strengthen the market share nationwide and expand operations to the Nordic countries.
“Company employees will continue in the new company as old employees. The acquisition not only secures jobs, but also allows for significant additional recruitment. In addition to growth, it is important to be the best in our industry also in terms of employee satisfaction, ”says Tuomo Tiuraniemi.
Mergero acted as an advisor to the sellers and as an executor of the business combination.
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