Pihla Group acquires a 60% stake in Artic Kaihdin Oy, a leading manufacturer of sun protection solutions, with plans for full acquisition based on future performance.

Information on the Target

Artic Kaihdin Oy is a prominent manufacturer specializing in the design, production, and installation of sun protection solutions, including venetian blinds, awnings, and roller blinds. With approximately 40 years of experience in the market, the company has established a robust brand reputation and has fostered long-term relationships with industry-leading clients.

As part of the acquisition, Pihla Group will initially acquire 60% of Artic Kaihdin’s shares. The deal outlines a phased approach, where the remaining 40% of the shares will be negotiated through Put and Call options based on Artic Kaihdin's financial performance at the end of the fiscal year 2026.

Industry Overview in Finland

The sun protection solutions industry in Finland has been experiencing steady growth, driven by increasing demand for energy-efficient home solutions and heightened consumer awareness regardin