Pesmel strengthens its international growth through restructuring

12.5.2008

Finnish Industry Investment Ltd and a group of investors formed by investment company Helmet Business Mentors Oy now hold a majority shareholding in Pesmel Group Oy, a producer of automated materials handling, loading and packing systems.

 

Based in Kauhajoki, Finland, Pesmel Oy produces highly automated materials handling, loading and packing systems. Its subsidiary AWA Advanced Warehouse Automation Ltd produces automated warehousing systems. The Group’s customers are international companies in the fibre, paper, metal and logistics industries. In 2007, Pesmel Group Oy generated net sales of EUR 40 million, of which 77% was derived from exports.


Further information:

 

- Hannu Mäki-Rahkola, Managing Director, Pesmel Group Oy,
tel. +358 400 261 611

 

- Seppo Ahonen, Chairman of the Board, Pesmel Group Oy,
tel. +358 50 364 6370

 

- Antti Kummu, Investment Manager, Finnish Industry Investment Ltd,
tel. +358 50 432 4486