Sale of A-Katsastus Group

MB Funds

Posted on

17 Dec

2020

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Fast facts

Status:

Completed

Cross-border:

No

Deal value:

Not disclosed

Dittmar & Indrenius > References > Sale of A-Katsastus Group

We advise MB Funds on the sale of A-Katsastus Group, the leading Finnish provider of vehicle inspection, driver examination, and other license services in Finland, to Tradeka-Yhtiöt.

MB Funds has entered into an agreement to sell A-Katsastus Group to Tradeka-Yhtiöt Oy. Completion of the transaction is subject to approval by the Finnish Competition and Consumer Authority.

A-Katsastus Group is the leading vehicle inspection company in Finland with a network of approximately 150 stations. The group’s subsidiary, Ajovarma Oy, operates under a nationwide governmental contract with Traficom providing driver exams and license services across Finland in a total of 100 service facilities. In 2019, A-Katsastus Group’s total revenue was EUR 68 million and the group had approximately 800 employees.

MB Funds is a leading Finnish private equity investor founded in 1988. Total assets under MB Funds management stand at 0.5 billion euro with prime Finnish institutions as its main fund investors. MB Funds has successfully invested in approximately 40 mid-sized companies in the Nordics.

Tradeka Coopetative is a cooperative of 200,000 members. Tradeka-Yhtiöt Oy is responsible for the corporate governance of the cooperative’s core businesses and is the sole owner of Restel Oy (restaurant business), Lehtipiste Oy (magazine distribution), Med Group Oy (social and health care services), and Tradeka-Sijoitus Oy (investment activities).

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