Häggblom
Ab A. Häggblom Oy's operative management to become the largest owner of the Häggblom Group

Ab A. Häggblom Oy's operative management to become the largest owner of the Häggblom Group

22 June 2016

With a sale and purchase of shares dated 21 June 2016, the ownership of the Häggblom Group was transferred to the operative management and two Ostrobothnia-based investment companies, Oy Wedeco Ab and Myro Equity Ab, which is a family company based in Pedersöre. Profita Fund III Ky, which is managed by Profita Management and the largest shareholder in the company, sold their shares in the Häggblom Group, as did all the other old shareholders.

The operative management, the largest single shareholder of Häggblom now, are very satisfied that the ownership arrangements are beneficial to the company. "We are especially pleased to have managed to find new owners here in Ostrobothnia region," says Häggblom's CEO Jukka Karhula. "Häggblom is a great company and we trust the company will have a bright future. We have highly-skilled staff, great clients, partners and an interesting operational environment. Both our clients and partners are the leaders in their industries."

 The new ownership arrangement will have no impact on the company's daily operations. Häggblom will continue to develop the company according to its strategy in order to become an even stronger player and specialist in its industry.

 

Further information

Jukka Karhula

CEO

+358 (0) 207 658 201

jukka.karhula@haggblom.fi

www.haggblom.fi

 

 Ab A. Häggblom Oy was founded in Kokkola in 1954. Over more than six decades the company has grown into a well-known international player in the engineering sector. Today Häggblom is one of the leading manufacturers in Northern Europe of track solutions and buckets of various sizes. Being the market-leading supplier of wear and spare parts for earth-moving machinery in Finland helped us establish operations across the Gulf of Bothnia. Häggblom Sverige, founded at the beginning of 2015, is a fast-growing operator in Sweden.