ProMan IMAP Finland advised the sellers in the sale of Profil-Bau Industrial to ÅF

ÅF is an engineering and design company within the fields of energy, industry and infrastructure. ÅF creates sustainable solutions for the next generation through talented people and technology. The company is based in Europe and its business and clients are found all over the world.

Profil-Bau Industrial Oy is a company with specialized offering in industrial design and expertise to industrial customers in Finland. Main customer segments include power and industrial plants, mining industry, cablemachinery industry, chemical industry and engineering industry. Profil-Bau Industrial Oy's offering includes electrical, automation and mechanical design. Profil-Bau Industrial Oy is located in Vantaa, Tampere and Kuopio. The company had a revenue of 5,8 million EUR with an EBITDA margin of approximately 15% in 2017.

The acquisition is in line with ÅF’s strategy to expand the services of Industrial Engineering and automation and to grow the Industrial Digitalization business in Finland. Profil-Bau Industrial Oy will be consolidated by the ÅF Group as of September, 2018.

ProMan IMAP Finland advised the Sellers throughout the process.

Link to original press release (ÅF)