Intera Partners invests in Engineering Seppo Rantala Oy
Insinööritoimisto Seppo Rantala Oy gains additional resources to support growth, as Intera Partners invests in the company. The company will become part of Infrak Group, which specialises in demanding infrastructure construction and currently comprises Fin-Seula Oy and Kesälahden Maansiirto Oy. The company’s CEO and main owner, Sami Rantala, will continue with the company and also becomes a shareholder in Infrak Group. The Group’s pro-forma sales amounted to over 140 million euros in 2013.
”Insinööritoimisto Seppo Rantala Oy is one of the leading players in Finland in demanding bridge construction projects and it has a good reputation among its customers and in the sector. We are very pleased with the company joining Infrak Group, as it will complement our existing offering particularly well and also further strengthens our bridge construction capabilities,” says Janne Näränen, Partner at Intera.
“A new significant player is emerging in the Finnish infrastructure construction market. We decided to join Infrak Group partly because we are familiar with the other Group companies and they have proven to be excellent partners in previous projects. This step will also enable the execution of even larger and more diverse projects. Furthermore, this is an excellent outcome for the continuity of the company and its employees,” comments Sami Rantala, CEO of Insinööritoimisto Seppo Rantala Oy.
The transaction is expected to be completed by the end of September and it will not have an impact on the business or the employees of the company.
Sami Rantala, Insinööritoimisto Seppo Rantala Oy, CEO, tel. 0400 624 510, firstname.lastname@example.org
Janne Näränen, Intera Partners, Partner, tel. 050 566 4869, email@example.com
www.srantala.com and www.interapartners.fi
Insinööritoimisto Seppo Rantala Oy
Founded in 1972, Insinööritoimisto Seppo Rantala Oy specialises in bridge construction and renovation. The company has delivered projects throughout Finland and it is one of the leading players in demanding bridge construction projects in the country. In 2013, the company’s sales amounted to approximately 16 million euros.
Kesälahden Maansiirto Oy
Kesälahden Maansiirto Oy ranks in size among the top-10 Finnish infrastructure contracting companies. The company has over four decades of experience in demanding infrastructure projects in bridge and industrial construction, earth construction and environmental construction. The company’s customers include both the public sector and private companies. Net sales grew profitably to approximately 80 million euros in 2013. Kesälahden Maansiirto has locations in Kesälahti, Lappeenranta, Mäntsälä and Joensuu and the company operates throughout the country. Intera became a shareholder in Kesälahden Maansiirto in June 2014.
Fin-Seula Oy is an infrastructure contractor specialising in turn-key deliveries. The company’s customers include both public and private sector clients. The company’s offering includes foundation and concrete construction as well as traffic network construction. Additionally, Fin-Seula is a shareholder in KFS Finland Oy which offers special foundation services such as stabilisation. Combined sales of Fin-Seula and KFS Finland were over 50 million euros in 2013. Intera became a shareholder in Fin-Seula in March 2014.