We have advised the owners of Jouka Oy (Jouka), a Finnish ball valve manufacturer, on the sale of all its shares to Indutrade Oy. Jouka designs and manufactures ball valves and ball valve units. The company offers customised products with a high degree of customer-specific R&D. The customer segments include machine building, marine, processing, as well as pulp and paper industries primarily in the Finnish market. Jouka’s annual net sales are approximately €6.5m.
Indutrade Group markets and sells components, systems and services with high-tech content in selected niches. Indutrade’s sales totalled SEK 16.8mrd in 2018, generating an operating profit of SEK 2.1mrd before amortisation of intangible assets. Indutrade is listed on the Nasdaq Stockholm.