MB Funds to sell A-Katsastus to Finnish cooperative Tradeka

The buyer is a consumer cooperative involved in the restaurant business, as well as investment activities. 

The exit comes a year and a half after the Finnish GP acquired the company from Bridgepoint, having also owned the company between 2003 and 2006.

The GP said in a statement that the company continued to perform strongly in 2020, despite the pandemic. 

The company in 2019 generated revenues of €68m, down from €123.5m in 2018.

The transaction is subject to regulatory approval.

Company
Founded in 2003 and based in Helsinki, A-Katsastus is a vehicle inspection company in Finland with approximately 150 stations. The group's subsidiary, Ajovarma, operates under a nationwide governmental contract with Traficom providing driver's exams and licence services across Finland from 100 service facilities.

The company in 2019 generated revenues of €68m. It employs around 800 staff.

People
MB Funds – Juha Tukiainen (partner).

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