Bravida Finland acquires the plumbing and HVAC company LVI-Press Oy, thereby expanding its operations to include southwestern Finland. The company has a turnover of EUR 3.7 million and approximately 20 employees.
LVI-Press Oy operates in the field of plumbing and HVAC and offers a wide range of services for both renovations and new buildings. The company is based in Raisio, outside Turku in Finland.
“Bravida has a clear strategy to grow in Finland and this acquisition is a step in our geographical expansion. I am happy that we will now be able to serve customers in the southwestern part of Finland as well. I am very pleased to welcome the staff of LVI-Press Oy as employees of Bravida,” comments Marko Holopainen, CEO of Bravida Finland.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.