Hasetec Oy has been acquired by the PEG Profita Group.

Hasetec Oy has been acquired by the PEG Profita Group.

A fund managed by the private equity investment company Profita Management, the CEO of Hasetec and the rest of the operative management have acquired the complete share capital of the 12 M€ turnover Hasetec Oy. Hasetec focuses on the production of logs for log houses and their key product is laminated log. Hasetec extends its operations through this transaction by investing in a new plant. Profita Group is a Finnish private equity company managing EUR 200 million equity funds and is an owner in 100 Finnish companies.

ProMan advised the Sellers throughout the selling process.

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Seller: 
Hasetec Oy
Industry: 
Industrial products and services
Buyer: 
PEG Profita Group
Industry: 
Industrial products and services

A fund managed by the private equity investment company Profita Management, the CEO of Hasetec and the rest of the operative management have acquired the complete share capital of the 12 M€ turnover Hasetec Oy. Hasetec focuses on the production of logs for log houses and their key product is laminated log. Hasetec extends its operations through this transaction by investing in a new plant. Profita Group is a Finnish private equity company managing EUR 200 million equity funds and is an owner in 100 Finnish companies.

ProMan advised the Sellers throughout the selling process.