Bravida Finland acquires the business operations of the company Turun LaatuSähkö Oy, thereby expanding in southwestern Finland. The company has a turnover of EUR 1.8 million and 12 employees.
Turun LaatuSähkö Oy offers a wide range of electrical services. The company also works with the installation of information networks and security systems, industrial electrical installations and repair services. It is based in Turku and is primarily active in the Turku region.
“Bravida has a clear growth strategy in Finland and this acquisition is a further step in Bravida’s geographical expansion in Finland. It is great that we will now be able to offer electrical installations and related services to our customers in southwestern Finland. I am very pleased to welcome the staff of Turun LaatuSähkö Oy to 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.