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Finnish investors invest in Automated Material Handling and Warehousing Technology

The majority of the shares of Pesmel Group Oy has been acquired on 7.5.2008 by a group of investors representing a Finnish investment company Helmet Business Mentors Oy and Suomen Teollisuussijoitus Oy. Former owners of Pesmel Group Hannu and Jari Mäki-Rahkola will continue the company development as minority shareholders in the board of directors. AWA Advanced Warehouse Automation Oy and Pesmel North America LLC. are a fully owned subsidiary of Pesmel Group Oy.

The arrangements within Pesmel Group Oy provide with possibilities to serve customers better and utilize the resources of the whole group more efficiently. "This will improve company's ability to grow to new height and develop further as a global expert in material handling business”, says Mr. Hannu Mäki-Rahkola.

With this change Pesmel Group Oy will provide its’ customers an extensive 30 years’ experience and know how in material handling, packing and warehousing globally.

For further information, please contact:
Pesmel Group Oy, Pesmel Oy: MD Timo Äijö +1 5088 010 170
Pesmel Group Oy, Pesmel Oy: Sales Director Juha Suksi +358 405 242 075
Pesmel Ab: MD Tor Lorentzen +46 703 540 302
AWA Advanced Warehouse Automation Oy: MD Juha Haimala +358 581 0789
Pesmel Group Oy, Chairman of the Board Seppo Ahonen, Helmet Capital +358 364 6370
Hannu Mäki-Rahkola +358 400 261 611
Jari Mäki-Rahkola +358 400 365 696

Pesmel Oy, established in 1978, manufactures highly automated materials handling, loading and packaging systems. Subsidiary AWA Oy manufactures automated warehouse systems. Group’s customers are global fiber, paper, metal and logistics companies. In 2007, turnover of Pesmel group was over EUR 40 million, of which 77% was export. Head office of the group and Pesmel Oy is located in Kauhajoki. The head office of AWA is located in Helsinki. The group has manufacturing and engineering operations also in Estonia and in the USA. (www.pesmel.com and www.awaoy.fi)

Helmet Business Mentors Oy is a Finnish capital investment company specialized in ownership arrangements of unlisted growth companies and industrial development. (www.helmetcapital.fi)

Suomen Teollisuussijoitus Oy is a capital investment company owned by the Finnish Government. (www.teollisuussijoitus.fi)

 

News archive

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International Paper (10.07.2008)

Automated steel quality management on line (30.06.2008)

SSAB invests in high automation technology in product packing (16.06.2008)

Finnish investors invest in Automated Material Handling and Warehousing Technology (12.05.2008)

Pesmel supplies through the eye coil packing machines and coil handling systems for SSAB, Sweden (01.07.2007)

Innovations for steel industry (01.03.2007)

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Pesmel boosts automation in the food industry (01.08.2005)

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© Pesmel 2008