Sentica Partners has created a new company by acquiring and merging three specialised infrastructure construction businesses.
The firm has bought Kanta-Kaivu, Cendigo and Kallionporaus Arto Soininen. All three work mainly in the Greater Helsinki area and deliver projects related to environmental construction and quarrying. Each of the three management teams will remain with the enlarged group and take minority stakes.
The three businesses have been in operation for a combined 50 years, have more than 100 employees and turnover of €20m. Sentica intends to expand the new company to €50m in sales over the coming years through organic and acquisitive growth.