Transaction

Clearwater advises Profita Group on its sale of Pikval to ITAB

Transaction

Profita Group sold Pikval to ITAB

Sell-side

Undisclosed

Role

Adviser to Profita Group on its sale of Pikval to ITAB

Sector

Industrial & Chemicals

Region

Finland

We have advised Profita Group on its sale of Pikval, a manufacturer, seller and installer of shop fitting concepts to the retail chain stores, to Nasdaq OMX Stockholm listed ITAB, the market leader at checkout to retailers in Europe, and one of Europe's largest suppliers of shop fitting concepts and lighting systems. 

Pikval’s turnover in 2015 was €17m and its number of employees is approximately 100. The company’s main market is Finland, but it also operates in Sweden and Norway through subsidiaries.

Illustration for Pikval Profita Group

We are very happy with the transaction and we got clear benefits from Clearwater’s experience, tactical knowhow, and deal making skills in all phases of the professionally managed M&A process.

Risto Jalonen, Managing Director, Profita Group

Advisers

Mika Jalamo

Mika Jalamo

Partner +358 40 521 1002 mika.jalamo@clearwatercf.com Connect
Ari Leppaenen

Ari Leppänen

Partner +358 40 525 9241 ari.leppanen@clearwatercf.com Connect
Niklas Loennberg

Niklas Lönnberg

Partner +358 40 847 9843 niklas.lonnberg@clearwatercf.com Connect

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