Megas Oy has acquired a majority stake in Suomen Toimitilakaluste Oy, a leading internal logistics company in Northern Finland.

Target Company Overview

Suomen Toimitilakaluste Oy, founded in 2008, specializes in products and services related to internal logistics. The company operates out of Oulu, Vaasa, and Kokkola, employing a total of 13 staff members. In the most recent financial year, Suomen Toimitilakaluste Oy reported a revenue of €5.5 million, reflecting a notable growth of 16.5% compared to the previous fiscal year.

Industry Overview in Finland

The logistics industry in Finland plays a crucial role in supporting both domestic and international trade. With its strategic location, Finland serves as a gateway to Northern Europe, allowing businesses to efficiently distribute goods across the region. The demand for innovative logistics solutions has surged, driven by the increasing complexity of supply chains and the shift towards e-commerce.

Moreover, the Finnish logistics market is characterized by advanced technology utilization and sustainability initiatives, aligning with global trends