KH Group Plc has completed the sale of its 58.3% stake in Indoor Group Holding Oy to CEO Kati Kivimäki for a nominal price, with an enterprise value of EUR 26 million, as part of its strategy to divest non-core assets and enhance financial flexibility.

Information on the target

KH Group Plc (“KH Group” or the “Company“) has successfully completed the sale of all its shares in Indoor Group Holding Oy (“Indoor Group“) to a company controlled by Indoor Group’s CEO, Kati Kivimäki. This transaction, finalized on 20 November 2025, marks a significant milestone for KH Group as it achieves its strategic objective to divest from Indoor Group within the year 2025.

The shares involved in this transaction represent 58.3 percent of Indoor Group's total shares. A nominal purchase price has been paid for these shares, and the transaction includes a financing arrangement that values Indoor Group at an enterprise value of EUR 26 million, factoring in its interest-bearing net debt, excluding lease liabilities. As part of this arrangement, KH Group has repaid EUR 2.0 million of Indoor Group’s debt to the financing bank and has forgiven additional receivables totaling EUR 3.5 million.

Industry overview in the target’s specific country

Indoor Group operates within the Nordic construction and machinery sector, a market characterized by its robust demand for sustainable construction solutions and advanced machinery. The industry has been experiencing a gradual recovery post-pandemi