Procuritas has agreed to divest Netcontrol, a Finnish specialist in grid automation, to ABB in a strategic move aimed at enhancing Netcontrol's growth opportunities.

Information on the Target

Procuritas Capital Investors VI has entered into an agreement to divest Netcontrol, a leading provider of grid automation solutions for energy distribution systems. Headquartered in Helsinki, Finland, Netcontrol specializes in control and monitoring technologies for electricity distribution networks, offering a comprehensive suite of products and services that include SCADA and ADMS systems, substation automation, RTUs, as well as engineering, commissioning, and software-as-a-service (SaaS) offerings. The company serves a diverse clientele across the Nordics, the United Kingdom, and the Baltic region.

Under Procuritas’ ownership, Netcontrol has enhanced its competitive position in the market through strategic investments in technology and expansion of its product and service portfolio. The company has developed a highly skilled workforce that has been integral to its success in providing reliable and innovative solutions to its customers.

Industry Overview in Finland

The energy distribution sector in Finland has experienced significant transformation and modernization, driven by technological advancements and a growing emphasis on sustainability. As the country transition