Industry Investment, Wedeco and Pension Fennia invest EUR 11 million in a new M&A fund

12.8.2008

Finnish Industry Investment Ltd, Oy Wedeco Ab and Mutual Insurance Company Pension Fennia have made an investment commitment totalling EUR 11 million in a new fund, Wedeco Fund IV Ky. The new fund will invest in buyouts and M&As in later growth stage companies. The fund seeks investment targets in all industries in Western Finland, primarily in the former province of Vaasa. The fund can be a majority or minority shareholder. An individual investment is generally below EUR 1 million.


Further information:

 

- Keijo Kangasluoma, CEO & Partner,
Oy Wedeco Management Ab / Profita Group,
mobile +358 40 752 0022,
keijo.kangasluoma (at) profitagroup.fi

- Riitta Jääskeläinen, Investment Manager,
Finnish Industry Investment Ltd,
mobile +358 50 309 2733,
riitta.jaaskelainen (at) teollisuussijoitus.fi