Co-Engineering Oy has acquired Anteplan Oy to enhance its engineering service offerings in green energy and industrial sectors, aiming for strategic growth and workforce expansion.

Target Company Overview

Co-Engineering Oy, established in 2013, specializes in providing engineering solutions and services focused on green energy and industrial needs. The company primarily offers services related to electric stations, wind power production, and production control systems. Employing approximately 100 engineering professionals, Co-Engineering has operational offices in Vaasa, the capital region, Tampere, and Östersund in Sweden. For the financial year ending December 2021, Co-Engineering reported a revenue of around 9 million euros.

On October 14, 2022, Co-Engineering Oy acquired the entire share capital of Anteplan Oy, reinforcing their service offerings in mechanics, electricity, and automation. Both companies will continue operating independently under their respective names and leadership: Sami Kivioja for Co-Engineering and Heikki Siukkola for Anteplan. The services of the two firms complement each other geographically, demographically, and in terms of expertise, with no overlapping responsibilities.

Industry Overview in Finland

Finland's engineering sector, particularly within the electrical and automation realms, has experienced a marked growth trend, primarily driven by a global shift towards sustainable energy solutions. This is evident as Finnish co