Acquisition of Saint-Gobain companies in the Nordics

Carve-out from Saint Gobain S.A.

STOCKHOLM (10 January 2019). MIMIR INVEST AB, a global investment firm acquiring mature and growing companies, today announces the acquisition of Glassolutions Sweden and Norway from Saint-Gobain S.A. (EPA: SGO).

Headquartered in Sweden and Norway, the businesses are leading manufacturers and distributors of niche glass products. The combined businesses has historically delivered an annual turnover of €35 million and today employs 170 people.

Read morechevron_right

Acquisition of Recion from Caverion

Carve-out from Caverion Corporation

HELSINKI & STOCKHOLM (23 November 2018). MIMIR INVEST AB, a global investment firm acquiring mature and growing companies, today announces the acquisition of assets forming the Project Piping business, part of Caverion Corporation’s (HEL:CAV1V) division Industrial Solutions.

Headquartered in Helsinki (Finland), the business is the leading Nordic provider of infrastructure design, engineering, manufacturing and installation of pressure piping and pressure vessels for power plants, industrial facilities and other end markets. The business offers an end to end engineering solution with delivery capability across Europe, employing 324 people while offering significant manufacturing capacity. Project Piping has EUR 45 million of sales and will be joining the Mimir group of companies that has combined sales of EUR 270 million.

Read morechevron_right

Puumerkki

Closed: acquisition of Puumerkki

HELSINKI & STOCKHOLM (NOVEMBER 1, 2017). MIMIR INVEST AB, a global investment firm acquiring non-core business units of larger corporations as well as private companies that need operationally oriented ownership, announced today that it has signed and closed the acquisition of Northern European building product wholesale and distribution company Puumerkki from Stora Enso.

Headquartered outside Helsinki, Puumerkki is a leading wholesale and distribution chain specialized in wood based products serving the construction, merchant, wood and sheet using industries. Puumerkki has the widest logistics offering in the Finnish market covering direct mill deliveries, logistics center deliveries and terminal services with 13 outlets across Finland and Estonia. Puumerkki boasts a 70 year legacy of excellence distributing wood products in and around Finland. In 2016 the company had c. EUR 160 million (SEK 1,500 million) of Revenue.

Read morechevron_right