July 6, 2022
Translink Corporate Finance Finland acted as a financial advisor for the owners of Safedo.
Presto Group, a partner in security services and products in the fire protection area in Sweden, has acquired the Finnish workplace safety specialist, Safedo. This is Presto Group’s fourth acquisition in this segment in Finland during the last 12 months and they are now the domestic market leader in Finland.
The acquisition of Safedo also enables Presto Group to expand to the first aid consumables segment in its other markets.
“Together with Presto, we will be able to offer our customers a significantly wider range of safety training throughout Finland. Training is an essential part of the risk management of companies. The prevention of accidents enhances work safety and cuts costs. As a part of the Presto Group, we will have more resources to develop our extensive first aid product selection offered in the Finnish and the Nordic markets”, says Safedo Plc’s CEO Marko Parviainen.
Contact our Team Members advising in this transaction:
Translink Corporate Finance Finland, based in Helsinki, is one of the leading M&A boutiques in the Finnish market. Since its foundation more than 15 years ago, our partners have completed more than 100 M&A transactions in different industries, and worked closely together with many business partners and industry players, both locally and internationally. In addition, Translink Finland is a Certified Adviser on NASDAQ OMX First North.
Anecta Translink, our partner in Sweden, is an M&A advisor working with national and cross-border transactions. The company’s success in this segment is based on a wide industrial network and the fact that many of the team members have backgrounds as executives in Swedish industrials.