HELSINKI

Mimir acquires assets from Koskisen OY

Mimir forms the new company Oiva Wood Solutions

MIMIR INVEST AB a global investment firm acquiring mature and growing companies, through an affiliate, today announces the acquisition of the prefabricated housing and roof truss manufacturing assets of Koskisen Oy, forming a new company called Oiva Wood Solutions Ltd

Headquartered in Finland, Oiva Wood Solutions is a provider of prefabricated housing, roof trusses as well as intermediate and roof components sold primarily in the Nordic region.

”We have long been looking for a successor willing to develop Housing Industry’s operations, and that is why we are very satisfied with the transaction. We believe that the new owner is ready to invest in developing the operations in the growing wood construction market” said Jukka Pafta, Managing Director, Koskisen Oy.

“We are delighted adding Oiva Wood Solutions to the Mimir Group of companies. The sustainable nature of wood and the increasing importance of wood as a building material worldwide are important tenets making us excited by this acquisition. Oiva Wood Solutions will add significant capabilities to our already existing strong building materials offering in the Nordic countries covering primarily glass and wood products”, says Henry Selenius, Managing Partner, Operations, Mimir Invest.

In connection with the company’s formation and emergence as a standalone business, Oiva Wood Solutions will shortly announce a new corporate logo and brand identity.

For any inquiries about the transaction or Mimir, please contact:

Joakim Notö, Managing Partner, joakim.noto@mimirinvest.com, +46 (0) 739 86 36 37

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