MittausGroup Oy has acquired the business operations of Mittauspalvelu MP-Map Oy to enhance service offerings and strengthen its market position in the construction measurement sector.
Target Information
MittausGroup Oy has acquired the business operations of Mittauspalvelu MP-Map Oy, effective August 1, 2022. Established in 1983, Mittauspalvelu MP-Map Oy specializes in measurement services primarily for the construction sector. The company employs 18 professionals in the field and has participated as a measurement consultant in numerous significant construction projects over the years. As part of this acquisition, Essi Lassila, the managing director of Mittauspalvelu MP-Map Oy, will transition to the role of Administrative Director at MittausGroup.
Industry Overview in Finland
The construction industry in Finland has been experiencing steady growth, driven by ongoing urban development and infrastructure projects. The demand for measurement and consulting services has increased as more complex construction projects emerge, necessitating precise and expert measurements. Finland's commitment to sustainable construction practices is also evident, with a growing emphasis on energy-efficient building techniques and materials.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Additionally, the industry is becoming increasingly competitive, with several key players vying for market share in both Finland and Sweden. Companies are actively looking for ways to differentiate the
Similar Deals
MittausGroup Oy
invested in
Mittauspalvelu MP-Map Oy
in 2022
in a Other deal
Disclosed details
Revenue: $9M