{"id":23706,"date":"2018-05-23T11:30:00","date_gmt":"2018-05-23T08:30:00","guid":{"rendered":"https:\/\/www.delete.fi\/2018\/11\/23\/delete-to-acquire-karhupurku-oy-specialising-in-elevator-dismantling-the-demolition-services-business-area-expands-to-cover-elevator-dismantling\/"},"modified":"2018-12-05T10:02:04","modified_gmt":"2018-12-05T08:02:04","slug":"delete-to-acquire-karhupurku-oy-specialising-in-elevator-dismantling-the-demolition-services-business-area-expands-to-cover-elevator-dismantling","status":"publish","type":"post","link":"https:\/\/www.delete.fi\/en\/2018\/05\/23\/delete-to-acquire-karhupurku-oy-specialising-in-elevator-dismantling-the-demolition-services-business-area-expands-to-cover-elevator-dismantling\/","title":{"rendered":"Delete to acquire Karhupurku Oy specialising in elevator dismantling \u2013 the Demolition Services business area expands to cover elevator dismantling"},"content":{"rendered":"

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.<\/span><\/p>\n

According to a contract signed on 23 May 2018, environmental full-service provider Delete Group Oyj will acquire Karhupurku Oy that specialises in the dismantling of elevators. The acquisition is planned to take place on 31 May 2018. This strategic acquisition aims to strengthen Delete\u2019s position as the leading provider of environmental services and largest demolition contractor in the Nordic countries.<\/span><\/strong>\u00a0<\/strong><\/p>\n

Karhupurku Oy, established in 2015, has gained a strong foothold in the dismantling of elevators in southwestern Finland. Before its establishment, Karhupurku Oy operated as part of Ovitek Oy for almost 10 years.\u00a0<\/span><\/p>\n

Delete\u2019s CEO Tommi Kajasoja<\/span><\/strong>\u00a0<\/strong><\/p>\n

\u201cThis acquisition supports our strategic growth as a leading Nordic provider of environmental services and the largest demolition contractor. The acquisition introduces a new and strong business area with growth potential for Delete in our Demolition Services business area in connection with elevator dismantling. It also completes Delete\u2019s demolition offering and gains synergy from the existing Delete\u2019s Demolition and Recycling Services business areas. The acquisition provides a significant opportunity for Delete to expand into the dismantling of elevators nationally in Finland and also expand it in other Nordic countries in the future.\u201d<\/span><\/p>\n

As a result of over 30 successful acquisitions and organic growth in Finland and Sweden, Delete is currently the leading provider of environmental services and the largest demolition contractor. The future outlook of elevator dismantling is supported by the growth in construction, ageing property stock, ageing population and digitalisation.<\/span>\u00a0<\/p>\n

Through the acquisition, seven new demolition professionals will join Delete\u2019s team. The effect on Delete\u2019s result of 2018 is minor. In 2017, Karhupurku\u2019s net sales were EUR 0.6 million. The parties have agreed not to disclose the acquisition price.<\/span>\u00a0<\/p>\n

DELETE GROUP OYJ<\/span><\/strong>\u00a0<\/strong><\/p>\n

\n

Further information:<\/span>\u00a0<\/p>\n

Ville Mannola, CFO<\/span><\/p>\n

tel. +358 400 357\u00a0767<\/span><\/p>\n

e-mail: <\/span>ville.mannola@delete.fi<\/span><\/a>\u00a0<\/p>\n


<\/span><\/strong><\/p>\n

DISTRIBUTION:<\/span><\/strong><\/p>\n

Nasdaq Helsinki Ltd<\/p>\n

Main media<\/span><\/p>\n

https:\/\/deletegroup.fi\/en\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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