Transaction

Clearwater advises the owners of Jouka Oy on the sale of the company to Indutrade Oy

Transaction

Jouka Oy sold all of its shares to Indutrade Oy

Sell-side

Undisclosed

Role

Adviser to the owners of Jouka Oy on its sale to Indutrade Oy

Sector

Industrial & Chemicals

Region

Finland

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.

Illustration for Jouka

We are extremely pleased with the outcome of the process. The whole process was extremely smoothly run by the Clearwater team and it was a real pleasure working with them.

Risto Lehtimäki, One of the owners and the Chairman of the Board, Jouka

Jouka is our second deal closed in this sector during last 12 months. It was a pleasure working with Jouka management and the owners who had done a tremendous job in re-positioning the Company in solid and profitable growth path.

Mika Jalamo, Partner, Clearwater

Advisers

Transactions