Bravida acquisition
Marko Holopainen, Head of division Finland, Bravida. Arto Kokkonen, CEO of Jyväskylän LVI-palvelu Oy. Markus Hämäläinen, Regional Manager Central Finland, Bravida. Image: Bravida
Bravida Finland Oy has expanded through the acquisition of Jyväskylän LVI-Palvelu Oy, an HVAC-company in Central Finland. The company has 10 employees and a turnover of approximately SEK 19 million (€1.8-million).
Jyväskylän LVI-Palvelu Oy specialises in service and installation within heating, plumbing and ventilation. The acquisition will strengthen Bravida’s current competencies in these areas.
“Bravida’s growth strategy is clear and this acquisition strengthens our position in Central Finland and expands our service offering. Jyväskylän LVI-Palvelu Oy is a well-run company with competent and determined leaders and employees. This acquisition creates a good platform to continue to develop the business together,” said Marko Holopainen, Head of Division Finland, Bravida.
The current owner of Jyväskylän LVI-Palvelu Oy, Arto Kokkonen, will continue as Branch Manager for the service branch in Central Finland.
Mr Kokkonen said: “This arrangement creates great possibilities for continued growth and to develop our offering even more. We will be able to offer our customers a wider scope of services.”
Bravida takes over Jyväskylän LVI-Palvelu with effect from 31 May 2019.
The acquisition of Jyväskylän LVI-Palvelu Oy is the sixth acquisition made by Bravida in Finland since Bravida’s market entry in 2015.
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