Business group Partnera Oyj has signed an agreement to acquire a majority share in the KPA Unicon Group.
The acquisition will make Oulu-based Partnera the majority shareholder (70%) of KPA Unicon Group. The Kovanen family’s company Prounicon Oy will continue as the Group’s minority shareholder (30%). The investment firm Canelco Capital Oy, and the funds managed by it, that owned 37% of KPA Unicon’s shares, and the funds managed by it are disposing of their holdings in connection with the acquisition.
Partnera will be a long-term majority owner for KPA Unicon. As a financially solid owner, it will help KPA Unicon implement its international growth strategy and develop new clean-energy solutions. After the acquisition, KPA Unicon will remain an independent company in the Partnera Group, and there will be no overlap between the operations or organisations of Partnera and KPA Unicon.
With its new owner, KPA Unicon can focus even more on providing added value to its customers by developing solutions based on clean energy production and reducing the use of fossil fuels.